AQN / This Seemingly Bad News Could Be an Upside Catalyst for This Beaten-Down Dividend Stock

OAKVILLE, ON , Oct. 11, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its thir more_horizontal

Algonquin Power & Utilities Corp investors have witnessed the worst hammering as the Fed broke its growth story. Investors are preparing for a higher- more_horizontal

Algonquin Power & Utilities Corp. has faced challenges due to high debt and poor capital allocation policy. Valuation entered a buy-zone in the last f more_horizontal

Algonquin (AQN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. more_horizontal

When it comes to selecting the best dividend stocks, an approach worth exploring is focusing on undervalued high-yield stocks. It's easy to conflate more_horizontal

Algonquin Power will be conducting a strategic review of its renewables business. more_horizontal

Algonquin Power & Utilities' stock has declined by 38% in the last 12 months, partly due to a 40% cut in its dividend in March. The company's higher c more_horizontal

Activist investor Starboard Value LP believes Algonquin Power & Utilities Corp. AQN CA:AQN could boost shareholder value, raise its dividend and cut i more_horizontal