Algonquin Power & Utilities (AQN) Dividend History & Yield
Algonquin Power & Utilities (AQN) has increased its dividend for multiple years and currently yields 4.36%. The most recent dividend was $0.0650/share on Apr 15, 2026, paid Quarterly.
Current Yield
4.36%
TTM Dividend/Share
$0.26
Payment Frequency
Quarterly
Payout Ratio
123.6%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
-25.07%
Div Growth (5Y CAGR)
-15.58%
Div Growth (10Y CAGR)
-3.63%
AQN: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
-11.2%
FCF payout ratio
75.0%
Net debt / EBITDA
6.9x
Interest coverage
1.49x
ROIC (TTM)
3.5%
Dividend Safety Score
1 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 123.6%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($-0.24) does not fully cover dividend/share ($0.26).
No dividend cuts in 10+ years
3 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 75.0%, above the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 6.9x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (-15.6%) ≤ EPS growth (-8.4%) — sustainable.
Per-payment dividend history
Ex-date Jun 30, 2026
- Payment date
- Jul 15, 2026
- Dividend
- $0.0650
- Adj. dividend
- $0.0650
Ex-date Mar 31, 2026
- Payment date
- Apr 15, 2026
- Dividend
- $0.0650
- Adj. dividend
- $0.0650
Ex-date Dec 31, 2025
- Payment date
- Jan 15, 2026
- Dividend
- $0.0650
- Adj. dividend
- $0.0650
Ex-date Sep 30, 2025
- Payment date
- Oct 15, 2025
- Dividend
- $0.0650
- Adj. dividend
- $0.0650
Ex-date Jun 30, 2025
- Payment date
- Jul 15, 2025
- Dividend
- $0.0650
- Adj. dividend
- $0.0650
Ex-date Mar 31, 2025
- Payment date
- Apr 15, 2025
- Dividend
- $0.0650
- Adj. dividend
- $0.0650
Ex-date Dec 31, 2024
- Payment date
- Jan 15, 2025
- Dividend
- $0.0650
- Adj. dividend
- $0.0650
Ex-date Sep 30, 2024
- Payment date
- Oct 15, 2024
- Dividend
- $0.0650
- Adj. dividend
- $0.0650
Ex-date Jun 28, 2024
- Payment date
- Jul 15, 2024
- Dividend
- $0.1085
- Adj. dividend
- $0.1085
Ex-date Mar 27, 2024
- Payment date
- Apr 15, 2024
- Dividend
- $0.1085
- Adj. dividend
- $0.1085
Ex-date Dec 28, 2023
- Payment date
- Jan 15, 2024
- Dividend
- $0.1085
- Adj. dividend
- $0.1085
Ex-date Sep 27, 2023
- Payment date
- Oct 13, 2023
- Dividend
- $0.1085
- Adj. dividend
- $0.1085
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 30, 2026 | Jul 15, 2026 | $0.0650 | $0.0650 |
| Mar 31, 2026 | Apr 15, 2026 | $0.0650 | $0.0650 |
| Dec 31, 2025 | Jan 15, 2026 | $0.0650 | $0.0650 |
| Sep 30, 2025 | Oct 15, 2025 | $0.0650 | $0.0650 |
| Jun 30, 2025 | Jul 15, 2025 | $0.0650 | $0.0650 |
| Mar 31, 2025 | Apr 15, 2025 | $0.0650 | $0.0650 |
| Dec 31, 2024 | Jan 15, 2025 | $0.0650 | $0.0650 |
| Sep 30, 2024 | Oct 15, 2024 | $0.0650 | $0.0650 |
| Jun 28, 2024 | Jul 15, 2024 | $0.1085 | $0.1085 |
| Mar 27, 2024 | Apr 15, 2024 | $0.1085 | $0.1085 |
| Dec 28, 2023 | Jan 15, 2024 | $0.1085 | $0.1085 |
| Sep 27, 2023 | Oct 13, 2023 | $0.1085 | $0.1085 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 11 year-over-year increases across 16 calendar years of data (2010–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $0.2600 | — | — |
| 2025 | $0.3470 | $0.2600 | -25.1% |
| 2024 | $0.4340 | $0.3470 | -20.0% |
| 2023 | $0.7130 | $0.4340 | -39.1% |
| 2022 | $0.8379 | $0.7130 | -14.9% |
| 2021 | $0.6063 | $0.8379 | +38.2% |
| 2020 | $0.5512 | $0.6063 | +10.0% |
| 2019 | $0.5011 | $0.5512 | +10.0% |
| 2018 | $0.4660 | $0.5011 | +7.5% |
| 2017 | $0.4139 | $0.4660 | +12.6% |
| 2016 | $0.3763 | $0.4139 | +10.0% |
| 2015 | $0.3313 | $0.3763 | +13.6% |
| 2014 | $0.3193 | $0.3313 | +3.8% |
| 2013 | $0.2950 | $0.3193 | +8.2% |
| 2012 | $0.2698 | $0.2950 | +9.3% |
| 2011 | $0.2350 | $0.2698 | +14.8% |
| 2010 | — | $0.2350 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Algonquin Power & Utilities (AQN) from the consolidated cash flow statement, in USD as filed.
Latest period
$202.10M
YoY change
-24.5%
5Y CAGR
-5.2%
Peak year (2022)
$363.60M
Latest annual
$204.82M
Cash dividends paid over time for Algonquin Power & Utilities (AQN)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Algonquin Power & Utilities (AQN)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $204.82M | -24.5% | -$66.55M | ||
| 2024 | $271.38M | -17.4% | -$57.01M | ||
| 2023 | $328.38M | -9.7% | -$35.21M | ||
| 2022 | $363.60M | +19.4% | +$59.18M | ||
| 2021 | $304.41M | +13.9% | +$37.25M | ||
| 2020 | $267.17M | +32.9% | +$66.21M | ||
| 2019 | $200.96M | +27.3% | +$43.06M | ||
| 2018 | $157.90M | +16.2% | +$22.06M | ||
| 2017 | $135.84M | +54.2% | +$47.74M | ||
| 2016 | $88.10M | +54.7% | +$31.14M | ||
| 2015 | $56.96M | +14.0% | +$7.01M | ||
| 2014 | $49.94M | +1.4% | +$687,842 | ||
| 2013 | $49.26M | +32.9% | +$12.18M | ||
| 2012 | $37.08M | +32.1% | +$9.01M | ||
| 2011 | $28.07M | +47.6% | +$9.05M | ||
| 2010 | $19.02M | +27.7% | +$4.13M | ||
| 2009 | $14.90M | -72.2% | -$38.65M | ||
| 2008 | $53.55M | -21.6% | -$14.76M | ||
| 2007 | $68.31M | +22.5% | +$12.55M | ||
| 2006 | $55.76M | +1.7% | +$922,091 | ||
| 2005 | $54.84M | +3.7% | +$1.95M | ||
| 2004 | $52.89M | +9.9% | +$4.77M | ||
| 2003 | $48.12M | +37.3% | +$13.06M | ||
| 2002 | $35.06M | +49.6% | +$11.63M | ||
| 2001 | $23.43M | +41.9% | +$6.92M | ||
| 2000 | $16.51M | +29.5% | +$3.76M | ||
| 1999 | $12.75M | +111.4% | +$6.72M | ||
| 1998 | $6.03M | — | +$6.03M | ||
| 1997 | $0 | — | — |
As of the 2025 fiscal year, Algonquin Power & Utilities (AQN) reported dividends paid of $204.82M – declined 24.5% year-over-year.
Algonquin Power & Utilities dividends paid has contracted on net over the period, with a -5.2% compound annual growth rate over 2020–2025 (5 years).
Algonquin Power & Utilities dividends paid peaked at $363.60M in 2022; the latest annual figure is $204.82M in 2025 (43.7% below peak).
2022 marks the peak dividends paid at $363.60M, with the historical low of $0 recorded in 1997.
Within Utilities, Algonquin Power & Utilities (AQN) ranks 9th among 8 peers we track. The peer median for dividends paid is $2.14B.
Algonquin Power & Utilities Dividends Paid 2025: $204.82M
Algonquin Power & Utilities dividends paid in 2025 was $204.82M, declined 24.5% below 2024.
Algonquin Power & Utilities Dividends Paid 2024: $271.38M
Algonquin Power & Utilities dividends paid in 2024 was $271.38M, declined 17.4% below 2023.
Algonquin Power & Utilities Dividends Paid 2023: $328.38M
Algonquin Power & Utilities dividends paid in 2023 was $328.38M, declined 9.7% below 2022.
Algonquin Power & Utilities Dividends Paid 2022: $363.60M
Algonquin Power & Utilities dividends paid in 2022 was $363.60M, grew 19.4% from 2021. This figure represents the highest annual value in the available history.
Algonquin Power & Utilities Dividends Paid 2021: $304.41M
Algonquin Power & Utilities dividends paid in 2021 was $304.41M.
See more financial history for Algonquin Power & Utilities (AQN).
Sector peers by dividends paid
Companies in the same sector as Algonquin Power & Utilities, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| NextEra Energy (NEE) | $4.68B | Utilities |
| Duke Energy (DUK) | $3.30B | Utilities |
| Southern Company (SO) | $3.02B | Utilities |
| Dominion Energy (D) | $2.28B | Utilities |
| American Electric Power Company (AEP) | $2.01B | Utilities |
| Sempra (SRE) | $1.60B | Utilities |
| Constellation Energy (CEG) | $486.00M | Utilities |
| GE Vernova (GEV) | $275.00M | Utilities |
Frequently asked questions
Does Algonquin Power & Utilities pay dividends?
Yes, Algonquin Power & Utilities (AQN) pays quarterly dividends of approximately $0.26 per share annually, yielding 4.36%.
What is Algonquin Power & Utilities's dividend yield?
Algonquin Power & Utilities (AQN) has a current dividend yield of 4.36%.
Is Algonquin Power & Utilities's dividend safe?
Algonquin Power & Utilities (AQN) passes 1 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
Is Algonquin Power & Utilities a yield trap?
Algonquin Power & Utilities (AQN) shows 3 warning signals: Payout ratio exceeds 90%; Dividend growth rate declining for multiple years; Dividends declining for 3+ consecutive years. Investors should review fundamentals carefully.
How many consecutive years has Algonquin Power & Utilities increased its dividend?
Algonquin Power & Utilities (AQN) has 0 consecutive years of dividend increases.
What is Algonquin Power & Utilities's dividend payout ratio?
Algonquin Power & Utilities (AQN) has a dividend payout ratio of 123.6%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Algonquin Power & Utilities's dividends paid?
Latest reported dividends paid for Algonquin Power & Utilities (AQN) is $202.10M (period ending March 31, 2026).
How has Algonquin Power & Utilities dividends paid changed year-over-year?
Algonquin Power & Utilities (AQN) dividends paid changed -24.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Algonquin Power & Utilities dividends paid?
Algonquin Power & Utilities (AQN) dividends paid compound annual growth rate is -5.2% over the most recent 5 years available.
When did Algonquin Power & Utilities dividends paid hit its highest annual value?
Algonquin Power & Utilities dividends paid reached its highest annual value of $363.60M in 2022.
What was Algonquin Power & Utilities dividends paid in 2024?
Algonquin Power & Utilities (AQN) dividends paid in 2024 was $271.38M.
What was Algonquin Power & Utilities dividends paid in 2025?
Algonquin Power & Utilities (AQN) dividends paid in 2025 was $204.82M.
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