Algonquin Power & UtilitiesNYSE: AQN

Dividend investing provides reliable cash flow and total returns without requiring superman-like growth or valuation multiple expansion. However, avoiding painful dividend cuts is crucial for successful dividend investing. I share the lessons I have learned from my most painful dividend cuts and how I am striving to not repeat those same mistakes moving forward.

Algonquin is in the midst of a transformation for the better. It has fallen from grace and sports a 7.5% yield and discounted valuations vs peers. We examine its outlook to see if buying now is worthwhile.

OAKVILLE, ON , June 13, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced the settlement rate for the share purchase contracts that are components of its outstanding corporate units (the "Corporate Units") issued in June 2021. Holders of Corporate Units will receive 3.3439 common shares of AQN ("Common Shares") for each share purchase contract they hold, which results in an effective issuance price of $14.9526 per Common Share, with cash to be paid in lieu of any fractional shares.

OAKVILLE, ON , June 4, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today held an annual meeting of common shareholders.  At the meeting, each of the following nine nominees listed in the Company's management information circular dated April 18, 2024 were elected as directors of AQN pursuant to a vote by ballot: Nominee Votes For % For Votes Against % Against Melissa Stapleton Barnes 330,041,306 97.05 % 10,016,318 2.95 % Brett Carter 337,316,968 99.19 % 2,740,656 0.81 % Amee Chande 334,451,144 98.39 % 5,473,034 1.61 % Daniel Goldberg 334,450,929 98.35 % 5,606,690 1.65 % Christopher Huskilson 337,313,602 99.19 % 2,744,018 0.81 % D.

Dividend stocks have struggled in recent years due to rising interest rates and companies cutting or eliminating their dividends. We look at some concerning storm clouds brewing on the horizon for the sector. We also share some of our top picks for navigating the current choppy waters in the sector.

Renewable energy and utility stocks have been out of favor with investors since interest rates started rising over two years ago. However, in the last month, the sector has seen a significant uptick thanks to some positive developments. We highlight three key pieces of good news for the industry and recommend some top picks currently.

Algonquin Power & Utilities (AQN) has the perfect mix of essential elements to potentially exceed earnings expectations in its upcoming report. Be ready with the key predictions.

High-yield stocks in sectors like REITs and utilities have been crushed by rising interest rates. Despite the pullback, there are attractive opportunities in these sectors with well-covered yields and defensive business models. Two blue-chip high-yield REITs and two infrastructure stocks are highlighted as attractive buys on the dip.

Algonquin Power & Utilities (AQN) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.22 per share a year ago.