AQN buys Kentucky Power

ALGONQUIN POWER & UTILITIES $17.84 is a #1 Buy for 2021. The utility (Toronto symbol AQN; Shares o/s: 619.3 million; Market cap: $11.1 billion; TSINetwork Rating: Extra Risk; Divd. yield: 4.7%; www.algonquinpower.com) is now buying Kentucky Power for $3.5 billion. Kentucky Power is a state rate-regulated electricity… Read More

Algonquin ups its dividend

ALGONQUIN POWER & UTILITIES $18.57, is a #1 Buy for 2021. The utility (Toronto symbol AQN; Shares o/s: 611.8 million; Market cap: $11.3 billion; TSINetwork Rating: Extra Risk; Divd. yield: 4.2%; www.algonquinpower.com) has two businesses: Liberty Power produces electricity from 39 clean-energy plants in North… Read More

Dividend Advisor Hotline – Friday, May 14, 2021

ALGONQUIN POWER & UTILITIES CORP., $18.60, Toronto symbol AQN, is a buy.

Algonquin has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services to 1.9 million customers in Canada, the U.S., Chile and Bermuda; and the Renewable Power… Read More

These renewals offer income and growth

With their clean, renewable power, these two companies have strong conceptual appeal for investors. But just as important—especially in the wake of the coronavirus—they have stable cash flows from their diverse mix of hydroelectric, wind and solar power. That diversity, plus their long-term contracts, will… Read More