OAKVILLE, ON, Nov. 7, 2019 /PRNewswire/ - Algonquin Power &
Utilities Corp. ("APUC") (TSX: AQN, AQN.PR.A, AQN.PR.D, NYSE: AQN,
AQNA, AQNB) announced today that the Board of Directors of APUC has
declared the following preferred share dividends:
- C$0.32263 per Preferred Share,
Series A, payable in cash on December 31,
2019 to Preferred Share, Series A holders of record on
December 13, 2019, for the period
from September 30, 2019 to, but
excluding, December 31, 2019.
- C$0.31819 per Preferred Share,
Series D, payable in cash on December 31,
2019 to Preferred Share, Series D holders of record on
December 13, 2019, for the period
from September 30, 2019 to, but
excluding, December 31, 2019.
Pursuant to the Income Tax Act (Canada) and corresponding provincial
legislation, APUC hereby notifies its Series A Preferred
Shareholders and its Series D Preferred Shareholders that such
dividends declared qualify as eligible dividends.
About Algonquin Power & Utilities Corp.
APUC is a diversified international generation, transmission and
distribution utility with approximately U.S. $11 billion of total assets. Through its two
business groups, APUC is committed to providing safe, reliable and
cost effective rate-regulated natural gas, water, and electricity
generation, transmission and distribution utility services to
approximately 801,000 connections in the
United States and Canada,
and is a global leader in renewable energy through its portfolio of
long-term contracted wind, solar and hydroelectric generating
facilities representing over 2.5 GW of net installed capacity and
more than 500 MW of incremental renewable energy capacity under
construction. APUC delivers continuing growth through an
expanding global pipeline of renewable energy, electric
transmission, and water infrastructure development projects,
organic growth within its rate-regulated generation, distribution
and transmission businesses, and the pursuit of accretive
acquisitions. APUC's common shares, Series A preferred shares, and
Series D preferred shares are listed on the Toronto Stock Exchange
under the symbols AQN, AQN.PR.A, and AQN.PR.D. APUC's common
shares, Series 2018-A subordinated notes and Series 2019-A
subordinated notes are listed on the New York Stock Exchange under
the symbols AQN, AQNA and AQNB.
Visit APUC at www.algonquinpowerandutilities.com and
follow us on Twitter @AQN_Utilities.
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SOURCE Algonquin Power & Utilities Corp.
