OAKVILLE, ON, May 7, 2020 /CNW/ - 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 June 30,
2020 to Preferred Share, Series A holders of record on
June 15, 2020, for the period from
March 31, 2020 to, but excluding,
June 30, 2020.
- C$0.31819 per Preferred Share,
Series D, payable in cash on June 30,
2020 to Preferred Share, Series D holders of record on
June 15, 2020, for the period from
March 31, 2020 to, but excluding,
June 30, 2020.
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 805,000 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 GW of installed capacity and more
than 1.4 GW of incremental renewable energy capacity under
construction.
APUC strives to deliver 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.