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Algonquin Power & Utilities Corp. Announces 6% Common Share Dividend Increase, Declares Second Quarter 2022 Common Share Dividend of U.S.$0.1808 (C$0.2345), and Declares Second Quarter 2022 Preferred Share Dividends
Algonquin Power & Utilities Corp. Announces 6% Common Share Dividend Increase, Declar...
About this update from Algonquin Power & Utilities Corp.
[{"type":"text","content":"\n \n \n \n Algonquin Power & Utilities Corp. Announces 6% Common Share Dividend Increase, Declares Second Quarter 2022 Common Share Dividend of U.S.$0.1808 (C$0.2345), and Declares Second Quarter 2022 Preferred Share Dividends\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n Algonquin Power & Utilities Corp. Announces 6% Common Share Dividend Increase, Declares Second Quarter 2022 Common Share Dividend of U.S.$0.1808 (C$0.2345), and Declares Second Quarter 2022 Preferred Share Dividends\n \n \n Canada NewsWire\n \n \n \n \n \n \n OAKVILLE, ON\n \n \n ,\n \n \n May 12, 2022\n \n \n /CNW/ - Algonquin Power & Utilities Corp. (\"AQN\") (TSX: AQN, AQN.PR.A, AQN.PR.D) (NYSE: AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends:\n \n \n \n \n US$0.1808\n \n per common share, payable on\n \n July 15, 2022\n \n , to the shareholders of record on\n \n June 30, 2022\n \n , for the period from\n \n April 1, 2022\n \n to\n \n June 30\n \n , 2022.  Shareholders receiving dividends in cash can elect to receive the dividend in Canadian dollars in the amount of\n \n C$0.2345\n \n .\n \n \n \n C$0.32263\n \n per preferred share, Series A, payable in cash on\n \n June 30, 2022\n \n to preferred share, Series A holders of record on\n \n June 15, 2022\n \n , for the period from\n \n March 31, 2022\n \n to, but excluding,\n \n June 30, 2022\n \n .\n \n \n \n C$0.31819\n \n per preferred share, Series D, payable in cash on\n \n June 30, 2022\n \n to preferred share, Series D holders of record on\n \n June 15, 2022\n \n , for the period from\n \n March 31, 2022\n \n to, but excluding,\n \n June 30, 2022\n \n .\n \n \n \n The common share dividend will be paid in cash or, if a shareholder has enrolled in the shareholder dividend reinvestment plan (the \"Plan\"), dividends will be reinvested in additional common shares (\"Plan Shares\") of AQN as per the Plan. Plan Shares will be acquired by way of a treasury purchase at the average market price as defined in the Plan less a 3% discount.\n \n \n The...