Algonquin Power & Utilities Corp. (TSX/NYSE: AQN), based in Oakville, Ontario, announced its financial results for the second quarter of 2026, revealing net earnings of $4.9 million, equivalent to $0.01 per common share. In addition, the company reported adjusted net earnings of $29.2 million or $0.04 per common share for the same quarter. Over the first half of 2026, Algonquin's net earnings totalled $88.0 million, translating to $0.11 per common share, with adjusted net earnings amounting to $128.8 million or $0.17 per share.
Furthermore, the board of directors declared a common share dividend of US$0.0650, which is approximately C$0.0912, intended for distribution on October 15, 2026, to shareholders listed on record by September 29, 2026. This announcement reflects the company’s ongoing commitment to returning value to its investors while navigating its regulatory landscapes in various jurisdictions including Missouri, California, and Kansas. The ongoing financial performance indicates a steady operational footing for Algonquin Power & Utilities Corp. amid varying market conditions.
Analyzed Canadian Outlets (4)
2 headlines · wire copies grouped