OAKVILLE, ON, March 2, 2017 /PRNewswire/ - Algonquin Power
& Utilities Corp. ("APUC" or the "Company") (TSX: AQN,
AQN.PR.A, AQN.PR.D, NYSE: AQN) announced today that the Board of
Directors of APUC (the "Board") has declared the following
preferred share dividends:
- Cdn $0.28125 per Preferred Share,
Series A, payable in cash on March 31,
2017 to Preferred Share, Series A holders of record on
March 15, 2017 for the period from
December 31, 2016 to, but excluding,
March 31, 2017.
- Cdn $0.3125 per Preferred Share,
Series D, payable in cash on March 31,
2017 to Preferred Share, Series D holders of record on
March 15, 2017 for the period from
December 31, 2016 to, but excluding,
March 31, 2017.
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 North American diversified generation, transmission
and distribution utility with $10
billion of total assets. Liberty Utilities provides rate
regulated natural gas, water, and electricity generation,
transmission, and distribution utility services to over 782,000
customers in the United States.
APUC is committed to being a North American leader in the
generation of clean energy through its portfolio of long term
contracted wind, solar and hydroelectric generating facilities
representing more than 1,150 MW of installed capacity. APUC
delivers continuing growth through an expanding pipeline of
renewable energy development projects, organic growth within its
rate regulated generation, distribution and transmission
businesses, and the pursuit of accretive acquisitions. Common
shares and preferred shares are traded on the Toronto Stock
Exchange under the symbols AQN, AQN.PR.A, and AQN.PR.D.
APUC's common shares are also listed on the New York Stock Exchange
under the symbol AQN.
Visit APUC at www.AlgonquinPowerandUtilities.com and follow
us on Twitter @AQN_Utilities.
SOURCE Algonquin Power & Utilities Corp.