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Algonquin Power & Utilities Corp. Declares Second Quarter 2017 Common Share Dividend of U.S. $0.1165 (Cdn $0.1593)
Algonquin Power & Utilities Corp. Declares Second Quarter 2017 Common Share Dividend o...
About this update from Algonquin Power & Utilities Corp.
[{"type":"text","content":"\n\n\n\nAlgonquin Power & Utilities Corp. Declares Second Quarter 2017 Common Share Dividend of U.S. $0.1165 (Cdn $0.1593)\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\nAlgonquin Power & Utilities Corp. Declares Second Quarter 2017 Common Share Dividend of U.S. $0.1165 (Cdn $0.1593)\nCanada NewsWire\nOAKVILLE, ON, May 11, 2017\n\n\n\nOAKVILLE, ON, May 11, 2017 /CNW/ - Algonquin Power & Utilities Corp. (\"APUC\") (TSX: AQN, AQN.PR.A, AQN.PR.D, NYSE: AQN) announced today that the Board of Directors of APUC has declared a dividend of U.S. $0.1165 per share on its common shares, payable on July 14, 2017 to the shareholders of record on June 30, 2017 for the period from April 1, 2017 to June 30, 2017. Shareholders can elect to receive the dividend in the amount of Cdn $0.1593.\n\nThe 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 shares (\"Plan Shares\") of APUC as per the Plan, based on equivalent Canadian funds. Plan Shares will be acquired by way of a Treasury Purchase at the average market price as defined in the Plan less a 5% discount for the second quarter of 2017.\n\nPursuant to the Income Tax Act (Canada) and corresponding provincial legislation, APUC hereby notifies its common shareholders, that such dividends declared qualify as eligible dividends.\n\nThe quarterly dividends payable on common shares are declared in U.S. dollars. Beneficial shareholders (those who hold common shares through a financial intermediary) who are resident in Canada or the United States may request to receive their dividends in either U.S. dollars or the Canadian dollar equivalent by contacting the financial intermediary with whom the common shares are held. Unless the Canadian dollar equivalent is requested, shareholders will receive dividends in U.S. dollars, which, as is often the case, the financial intermediary may convert to Canadian dollars. Registered shareholders receive dividend payments in the currency of residency. Registered ...