Algonquin Power & Utilities Corp. (AQN) Dividend History
Income profile from 2009 to 2025 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
Payout ratio data not available yet.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 1.6% and trend is falling.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (17 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Algonquin Power & Utilities Corp. has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 11.0%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
AQN does not have a current streak of consecutive dividend increases, with a 3-year CAGR of -28.6% and 5-year CAGR of -15.6%.
Total Shareholder Returns
Beyond cash dividends, AQN returns capital through share repurchases. The combined picture: 5.6% dividend yield, 0.1% buyback yield, 5.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.6% and is currently falling. The 5-year total return is -39.8%, with dividends contributing 15.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $15,552 today.
Recent Dividend Payments
Last 20 payments · Quarterly
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Dec 31, 2025Latest | $0.0650 | — | 4.23% | Jan 15, 2026 |
| Sep 30, 2025 | $0.0650 | — | 4.84% | Oct 15, 2025 |
| Jun 30, 2025 | $0.0650 | — | 4.54% | Jul 15, 2025 |
| Mar 31, 2025 | $0.0649 | — | 5.90% | Apr 15, 2025 |
| Dec 31, 2024 | $0.0650 | — | 7.80% | Jan 15, 2025 |
| Sep 30, 2024 | $0.0650 | — | 7.17% | Oct 15, 2024 |
| Sep 27, 2024 | $0.0650 | ↓ -40.1% | 7.06% | Oct 15, 2024 |
| Jun 28, 2024 | $0.1085 | — | 7.41% | Jul 15, 2024 |
Dividend Peer Comparison
Peer group: Renewable Utilities and Asset Owners
Annual Dividend History
29 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.26 | -36.9% | 4 | — | — | — | 1.6% |
| 2024 | $0.41 | -5.1% | 5 | $-1.81 | — | — | 2.5% |
| 2023 | $0.43 | -39.2% | 4 | $0.03 | 1446.7% | 0.07x | 2.7% |
| 2022 | $0.71 | 6.9% | 4 | $-0.49 | — | — | 4.4% |
| 2021 | $0.67 | 10.1% | 4 | $0.41 | 162.9% | 0.61x | 4.1% |
| 2020 | $0.61 | 10.0% | 4 | $1.37 | 44.2% | 2.26x | 3.7% |
| 2019 | $0.55 | 10.0% | 4 | $1.06 | 52.0% | 1.92x | 3.4% |
| 2018 | $0.50 | 7.5% | 4 | $0.40 | 125.3% | 0.80x | 3.1% |
| 2017 | $0.47 | 12.6% | 4 | $0.37 | 125.9% | 0.79x | 2.9% |
| 2016 | $0.41 | 10.3% | 4 | $0.33 | 125.4% | 0.80x | 2.5% |
See AQN's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does AQN pay per share?
Algonquin Power & Utilities Corp. (AQN) pays a trailing 12-month dividend of $0.39 per share, with a current dividend yield of +5.6%. Payments are made Quarterly.
When is AQN's next ex-dividend date?
AQN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AQN typically pays dividends Quarterly.
Is AQN's dividend safe?
AQN's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +11.0%. The dividend history does not yet show a prolonged growth streak.
How many years has AQN increased its dividend?
AQN has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -15.6%.
How often does AQN pay dividends?
Algonquin Power & Utilities Corp. pays dividends Quarterly. The trailing 12-month total is $0.39 per share. Dividend data on this page covers 16+ years from 2009 to 2025.
How much would $10,000 invested in AQN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AQN five years ago would be worth approximately $6,015 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AQN's yield on cost for long-term holders?
AQN's yield on cost — the current dividend divided by the original purchase price — is +1.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +5.6% market yield, thanks to the lower original cost basis.