OAKVILLE, ON, March 1, 2018 /CNW/ - Algonquin Power &
Utilities Corp. ("APUC") (TSX: AQN, AQN.PR.A, AQN.PR.D, NYSE: AQN)
announced today that the Board of Directors of APUC has declared
the following preferred share dividends:
- Cdn $0.28125 per Preferred Share,
Series A, payable in cash on March 29,
2018 to Preferred Share, Series A holders of record on
March 15, 2018 for the period from
December 31, 2017 to, but excluding,
March 31, 2018.
- Cdn $0.3125 per Preferred Share,
Series D, payable in cash on March 29,
2018 to Preferred Share, Series D holders of record on
March 15, 2018 for the period from
December 31, 2017 to, but excluding,
March 31, 2018.
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 diversified generation, transmission and distribution
utility with $10 billion of total
assets. Through its two business groups, APUC provides rate
regulated natural gas, water, and electricity generation,
transmission, and distribution utility services to over 750,000
customers in the United States,
and is committed to being a global leader in the generation of
clean energy through its portfolio of long term contracted wind,
solar and hydroelectric generating facilities representing more
than 1,250 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.