OAKVILLE, ON, Aug. 13, 2020 /PRNewswire/ - Algonquin Power
& Utilities Corp. ("APUC") (TSX: AQN) (TSX: AQN.PR.A) (TSX:
AQN.PR.D) (NYSE: AQN) (NYSE: AQNA) (NYSE: 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 September 30,
2020 to Preferred Share, Series A holders of record on
September 15, 2020, for the period
from June 30, 2020 to, but excluding,
September 30, 2020.
- C$0.31819 per Preferred Share,
Series D, payable in cash on September 30,
2020 to Preferred Share, Series D holders of record on
September 15, 2020, for the period
from June 30, 2020 to, but excluding,
September 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 $11 billion of total assets. Through its two
business groups, APUC is committed to providing secure, safe,
reliable, cost-effective, and sustainable energy and water
solutions through our portfolio of electric generation,
transmission, and distribution utility investments to approximately
807,000 connections in the United
States and Canada. APUC 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 approximately 1.6 GW of
incremental renewable energy capacity under construction.
APUC is committed to delivering growth and the pursuit of
operational excellence in a sustainable manner 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, respectively. 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, respectively.
Visit APUC at www.algonquinpowerandutilities.com and
follow us on Twitter @AQN_Utilities.
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SOURCE Algonquin Power & Utilities Corp.