DV
Dividend Vision

AQN Stock — Algonquin Power & Utilities Corp.

Algonquin Power & Utilities Corp. (AQN)

Updated October 16, 2026.

Verdict as of October 16, 2026

AQN's distribution is rated elevated risk by the Dividend Vision Distribution Safety Score™ (34/100, high confidence). It pays quarterly and its distribution rate is 4.95%. The latest total cash payment per current share, $0.065 with an ex-date of September 29, 2026, was unchanged from the previous payment. These payments are unclassified; this does not establish a base-dividend change.

Sources: Section 19a-1 notices, scoring methodology.

AQN is a Stock. its distribution rate is 4.95%, its trailing-12-month yield is 6.19%. Dividend Vision Distribution Safety Score™ is 34/100 (Elevated risk). Total return is 271.1% over the past 16.9 years, 569.5 points behind SPY at 840.6%.

Algonquin Power & Utilities Corp. operates regulated electric, water, and natural gas utility systems across the United States, Canada, Bermuda, and Chile, serving over one million customer connections, and also owns and operates hydroelectric generation facilities in Canada. The company distributes quarterly at a moderate current distribution rate. This business appeals to income-focused investors seeking exposure to essential utility infrastructure with regular dividend payments.

AQN dividend yield and income

Price as of 2026-10-16.

The distribution rate (4.95%) uses calculation basis unavailable. Trailing-12-month yield (6.19%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.065. The ex-dividend date is 09/29/2026. The payment date is 10/15/2026.

Recorded distribution timeline (69)
Ex-dateAmountChange from previous payment
2026-09-29$0.0650.0%
Unclassified cash
2026-06-30$0.0650.0%
Unclassified cash
2026-03-31$0.065-50.0%
Unclassified cash
2025-12-31$0.13100.0%
Unclassified cash
2025-09-30$0.0650.0%
Unclassified cash
2025-06-30$0.0650.0%
Unclassified cash
2025-03-31$0.0650.0%
Unclassified cash
2024-12-31$0.0650.0%
Unclassified cash
2024-09-30$0.065-40.4%
Unclassified cash
2024-06-28$0.1090.0%
Unclassified cash
2024-03-27$0.1090.0%
Unclassified cash
2023-12-28$0.1090.0%
Unclassified cash
2023-09-27$0.1090.0%
Unclassified cash
2023-06-29$0.1090.0%
Unclassified cash
2023-03-30$0.109-39.8%
Unclassified cash
2022-12-29$0.1810.0%
Unclassified cash
2022-09-28$0.1810.0%
Unclassified cash
2022-06-29$0.1815.8%
Unclassified cash
2022-03-30$0.1710.0%
Unclassified cash
2021-12-30$0.1710.2%
Unclassified cash
2021-09-29$0.1706-0.2%
Unclassified cash
2021-06-29$0.17110.3%
Unclassified cash
2021-03-30$0.1550.0%
Unclassified cash
2020-12-30$0.1550.0%
Unclassified cash
2020-09-29$0.1550.0%
Unclassified cash
2020-06-29$0.1559.9%
Unclassified cash
2020-03-30$0.1410.0%
Unclassified cash
2019-12-30$0.1410.0%
Unclassified cash
2019-09-27$0.1410.0%
Unclassified cash
2019-06-27$0.14110.2%
Unclassified cash
2019-03-28$0.1280.0%
Unclassified cash
2018-12-28$0.1280.0%
Unclassified cash
2018-09-27$0.1280.0%
Unclassified cash
2018-06-28$0.1289.4%
Unclassified cash
2018-03-28$0.1170.0%
Unclassified cash
2017-12-28$0.1170.0%
Unclassified cash
2017-09-28$0.1170.0%
Unclassified cash
2017-06-28$0.1170.0%
Unclassified cash
2017-03-29$0.11710.4%
Unclassified cash
2016-12-28$0.1060.0%
Unclassified cash
2016-09-28$0.1060.0%
Unclassified cash
2016-06-28$0.10610.4%
Unclassified cash
2016-03-29$0.0960.0%
Unclassified cash
2015-12-29$0.0960.0%
Unclassified cash
2015-09-28$0.0960.0%
Unclassified cash
2015-06-26$0.09610.3%
Unclassified cash
2015-03-27$0.0870.0%
Unclassified cash
2014-12-29$0.087-1.1%
Unclassified cash
2014-09-26$0.08811.4%
Unclassified cash
2014-06-26$0.0792.6%
Unclassified cash
2014-03-27$0.077-3.8%
Unclassified cash
2013-12-27$0.08-2.9%
Unclassified cash
2013-09-26$0.08241.5%
Unclassified cash
2013-06-26$0.08126.6%
Unclassified cash
2013-03-26$0.0762-2.3%
Unclassified cash
2012-12-27$0.078-0.9%
Unclassified cash
2012-09-26$0.078715.4%
Unclassified cash
2012-06-27$0.0682-2.7%
Unclassified cash
2012-03-28$0.07012.3%
Unclassified cash
2011-12-28$0.06850.0%
Unclassified cash
2011-09-28$0.06853.5%
Unclassified cash
2011-06-28$0.0662-0.6%
Unclassified cash
2011-03-29$0.066611.0%
Unclassified cash
2010-12-29$0.063.1%
Unclassified cash
2010-09-28$0.05820.3%
Unclassified cash
2010-06-28$0.058-1.4%
Unclassified cash
2010-03-29$0.0588N/A
2009-12-29$0.0192N/A
2009-11-26$0.0188—
2009 total (partial launch year)$0.038—
2010 total (cadence changed)$0.235—
2011 total$0.269814.8%
2012 total$0.2959.3%
2013 total$0.31988.4%
2014 total$0.3313.5%
2015 total$0.37513.3%
2016 total$0.41410.4%
2017 total$0.46813.0%
2018 total$0.5017.1%
2019 total$0.55110.0%
2020 total$0.60610.0%
2021 total$0.667610.2%
2022 total$0.7147.0%
2023 total$0.436-38.9%
2024 total$0.348-20.2%
2025 total$0.325-6.6%
2026 YTD total$0.1950.0% vs prior-year YTD

AQN dividend growth

Trailing-12-month distributions versus the preceding 12 months changed +25.0%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -64.48%.

TTM income vs TTM N years earlier
WindowChange
1Y+25.0%
3Y-36.0%
5Y-50.1%
10Y-19.6%

AQN performance versus SPY

Price and return data through 2026-10-16.

Total return is 271.1% over the past 16.9 years, 569.5 points behind SPY at 840.6%. Over the past year its total return — price change plus distributions reinvested — is -6.7%. Its deepest 1-year drawdown was 26.8%.

WindowTotal returnCAGR
1M0.0%—
3M-9.4%—
6M-16.1%—
YTD-11.6%—
1Y-6.7%—
2Y CAGR—6.30%
3Y CAGR—2.80%
5Y CAGR—-14.10%
10Y CAGR—0.10%
Since inception (16.9 years)271.1%8.10%

AQN key facts

Distribution Safety Score™
34 · Elevated risk
Safety-Adjusted Yield
1.68%
Asset type
Stock
Asset class
Equity
Inception date
11/10/2009
Distribution rate
4.95%
Distribution frequency
Quarterly
Trailing yield
6.19%
5-year average yield
5.79
Last close
$5.25 (as of 2026-10-16)
Market cap
$4,041,984,949
Average volume
3841217.0
Dividend
$0.065
Ex-dividend date
09/29/2026
Payment date
10/15/2026
Beta
0.888
Payout ratio
101.6%
P/E ratio
21.88
Forward P/E
12.87
EPS
$0.24

How Dividend Vision calculates yield and returns

Distribution rate (4.95%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.19%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AQN risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 26.8%.

Who may consider AQN — and who may not

AQN may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (AQN pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on AQN

Tagged: Utilities, Dividend.

Frequently asked questions

Does AQN pay monthly?

No. AQN currently pays quarterly, not monthly.

What is AQN's dividend yield?

AQN's distribution rate is 4.95%, paid quarterly — calculation basis unavailable.

How has AQN's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed +25.0%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does AQN pay a dividend?

AQN pays quarterly. The dividend amount is $0.065. The ex-dividend date is 09/29/2026. The payment date is 10/15/2026.

How has AQN performed?

Total return is 271.1% over the past 16.9 years, 569.5 points behind SPY at 840.6%. Over the past year its total return — price change plus distributions reinvested — is -6.7%. Its deepest 1-year drawdown was 26.8%.

Is AQN a good investment?

AQN's Dividend Vision Distribution Safety Score is 34 (Elevated risk). That is a risk signal, not investment advice. Its distribution rate is 4.95% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.