Algonquin Power & Utilities Cor (AQNB) Dividend History
Income profile from 2019 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
Payout ratio data not available yet.
Consistency
2 straight years of dividend increases.
Income Trend
Yield on cost is 7.7% and trend is rising.
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 (8 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Algonquin Power & Utilities Cor has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 11.4%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
AQNB has raised its dividend for 2 consecutive years, with a 3-year CAGR of 11.6% and 5-year CAGR of 6.8%.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 7.7% and is currently rising. The 5-year total return is 24.3%, with dividends contributing 31.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $14,504 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 13, 2026Latest | $0.4900 | ↓ -8.1% | 8.20% | Apr 1, 2026 |
| Dec 15, 2025 | $0.5330 | ↓ -1.5% | 8.44% | Jan 2, 2026 |
| Sep 15, 2025 | $0.5412 | ↓ -1.2% | 8.62% | Oct 1, 2025 |
| Jun 13, 2025 | $0.5475 | ↑ +3.2% | 8.96% | Jul 1, 2025 |
| Mar 14, 2025 | $0.5304 | ↓ -6.3% | 8.24% | Apr 1, 2025 |
| Dec 13, 2024 | $0.5660 | ↓ -7.8% | 7.74% | Jan 2, 2025 |
| Sep 13, 2024 | $0.6140 | ↑ +58.5% | 6.95% | Oct 1, 2024 |
| Jun 14, 2024 | $0.3875 | — | 6.19% | Jul 1, 2024 |
Dividend Peer Comparison
Peer group: Electric utilities with large renewables arm
Annual Dividend History
14 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.49 | — | 1 | — | — | — | 1.8% |
| 2025 | $2.15 | 10.1% | 4 | — | — | — | 7.7% |
| 2024 | $1.96 | 26.1% | 4 | $0.15 | 1303.3% | 0.08x | 7.0% |
| 2023 | $1.55 | 0.0% | 4 | $0.03 | 5166.7% | 0.02x | 5.6% |
| 2022 | $1.55 | 0.0% | 4 | $-0.30 | — | — | 5.6% |
| 2021 | $1.55 | 0.0% | 4 | $0.40 | 387.5% | 0.26x | 5.6% |
| 2020 | $1.55 | 65.1% | 4 | $1.44 | 107.6% | 0.93x | 5.6% |
| 2019 | $0.94 | — | 3 | $1.06 | 88.5% | 1.13x | 3.4% |
| 2018 | $0.00 | — | 0 | $0.38 | — | — | — |
| 2017 | $0.00 | — | 0 | $0.40 | — | — | — |
See AQNB's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs AQNB Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare AQNB vs GEV
See how AQNB stacks up against sector leader GE Vernova Inc..
Start ComparisonFrequently Asked Questions
How much dividend does AQNB pay per share?
Algonquin Power & Utilities Cor (AQNB) pays a trailing 12-month dividend of $0.40 per share, with a current dividend yield of +1.6%. Payments are made Annual.
When is AQNB's next ex-dividend date?
AQNB's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AQNB typically pays dividends Annual.
Is AQNB's dividend safe?
AQNB's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +11.4%. The 2-year growth streak provides moderate confidence.
How many years has AQNB increased its dividend?
AQNB has 2 consecutive years of dividend growth. The 5-year dividend CAGR is +6.8%.
How often does AQNB pay dividends?
Algonquin Power & Utilities Cor pays dividends Annual. The trailing 12-month total is $0.40 per share. Dividend data on this page covers 7+ years from 2019 to 2026.
How much would $10,000 invested in AQNB grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AQNB five years ago would be worth approximately $12,427 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AQNB's yield on cost for long-term holders?
AQNB's yield on cost — the current dividend divided by the original purchase price — is +7.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.6% market yield, thanks to consistent dividend growth.