Welcome to our dedicated page for Algonquin Power news (Ticker: AQN), a resource for investors and traders seeking the latest updates and insights on Algonquin Power stock.
Algonquin Power & Utilities Corp. (AQN) generates a steady stream of news as a diversified international generation, transmission, and distribution utility and the parent company of Liberty. With regulated electric, water, wastewater, and natural gas utilities in multiple jurisdictions and hydroelectric generation facilities in Canada, the company regularly reports developments that matter to investors, customers, and regulators.
News coverage for AQN commonly features quarterly and interim financial results, where the company discusses performance of its Regulated Services Group, Hydro Group, and Corporate Group. These updates often highlight the impact of approved rates across its utilities, regulatory proceedings at specific systems, and the contribution of hydroelectric generation in Canada. Releases also describe the use of non-GAAP measures such as Adjusted Net Earnings and provide reconciliations to U.S. GAAP metrics.
Another key category of AQN news is corporate and leadership announcements. Recent items include the appointment of a Chief Operating Officer to lead electric, gas, and water regulated utility operations, as well as the creation of roles such as Chief Regulatory and External Affairs Officer and Chief Customer Officer. These updates explain how new executives are expected to support Algonquin’s focus on operational execution, regulatory strategy, and customer experience.
Investors following AQN will also see dividend declarations for its common and preferred shares, including details on payment currencies and eligibility under Canadian tax legislation, as well as announcements of dates for upcoming financial results and earnings conference calls. Annual meeting results, including director elections and shareholder votes on matters such as the shareholder rights plan and executive compensation approach, are also reported.
By tracking the AQN news feed, readers can monitor financial performance, regulatory milestones, leadership changes, dividend decisions, and governance developments that shape the company’s profile as a regulated utility and hydroelectric power operator.
Algonquin Power & Utilities (NYSE: AQN) has declared its second quarter 2025 dividends. The company will pay a common share dividend of US$0.0650 (C$0.0897) on July 15, 2025, to shareholders of record on June 30, 2025. Additionally, AQN announced preferred share dividends: Series A at C$0.41100 and Series D at C$0.42831, both payable on June 30, 2025, to holders of record on June 13, 2025.
Shareholders can receive dividends in either USD or CAD, with beneficial shareholders needing to contact their financial intermediary for currency preference. The company confirms these dividends qualify as eligible dividends under Canadian tax legislation.
Algonquin Power & Utilities (TSX/NYSE: AQN) has scheduled the release of its first quarter 2025 financial results for Friday, May 9, 2025, before market open. The company will host an earnings conference call at 8:30 a.m. ET on the same day.
The call will feature Chief Executive Officer Rod West and Interim Chief Financial Officer and Vice President of Investor Relations Brian Chin. Investors can access the call through toll-free (1-800-715-9871) or toll (1-647-932-3411) numbers using Conference ID 4990414. A webcast will also be available on the company's website.
Algonquin Power & Utilities (TSX/NYSE: AQN) has announced significant board changes and extended its cooperation agreement with Starboard Value LP. The company has appointed new CEO Rod West to the Board and plans to add Starboard Senior Partner Gavin Molinelli, pending Federal Energy Regulatory Commission approval.
Following these appointments, the Board will consist of 11 directors, with 9 being independent. Starboard, which owns approximately 8.66% of Algonquin's shares, has agreed to support the company's nominees for the 2025 annual meeting. The new agreement replaces the previous cooperation agreement from April 18, 2024.
The company continues its strategic transition to become a pure-play regulated utility, focusing on improving operational efficiency and enhancing shareholder value. The agreement includes customary standstill and voting provisions regarding Board composition, effective until either 15 business days before the 2026 shareholder nominations deadline or 75 days prior to the first anniversary of the 2025 annual meeting.
Algonquin Power & Utilities (TSX: AQN, NYSE: AQN) has announced its first quarter 2025 dividend declarations. The company will pay a common share dividend of US$0.0650 (C$0.0934) per share on April 15, 2025, to shareholders of record on March 31, 2025.
Additionally, AQN declared preferred share dividends: C$0.41100 per Series A share and C$0.42831 per Series D share, both payable on March 31, 2025, to holders of record on March 14, 2025. The company notes that its dividend reinvestment plan (DRIP) remains suspended since March 16, 2023.
Algonquin Power & Utilities (TSX/NYSE: AQN) released its Q4 and full-year 2024 financial results, marking significant progress in its transition to a pure-play utility. The company reported Q4 Net Utility Sales of $426.0M (+8%) and Annual Net Utility Sales of $1,687.9M (+4%).
Key financial metrics showed mixed results with Q4 Adjusted EBITDA at $248.6M (-5%) and Annual Adjusted EBITDA at $1,039.3M (+3%). The Regulated Services Group saw positive growth due to new rates implementation, though partially offset by higher operating expenses including $18.0M in non-recurring costs for the year.
Notable corporate actions include the sale of its 42.2% stake in Atlantica for approximately $1.1B and the completion of its renewable energy business sale to LS Power for $2.1B in January 2025. The company announced leadership changes with Rod West succeeding Chris Huskilson as CEO effective March 7, 2025.