AQN
Algonquin Power & Utilities Corp is a renewable energy and regulated utility company serving over 1 million customers across North America. The company operates a portfolio of wind, solar, hydro, and thermal power generation facilities, along with electric and gas utility businesses.
Preferred Shares
2
Credit Rating
P-2
Avg Yield
6.48%
Avg Price
$25.91
| Symbol | Issue Name | Type | Price | Yield | Par | Notes |
|---|---|---|---|---|---|---|
| AQN.PR.D | Algonquin Power & Utilities Corp. cumulative rate reset preferred shares Series D | reset | $25.86 | 6.62% | - | 5YR + 3.28% | Series: Algonquin_Power_&_Utilities_Corp._Cumulative_Rate_Reset_Preferred_Shares_Series_D |
| AQN.PR.A | Algonquin Power & Utilities Corp. cumulative rate reset preferred shares series A | reset | $25.97 | 6.33% | - | 5YR + 2.94% | Series: Algonquin_Power_&_Utilities_Corp.Cumulative_Rate_Reset_Preferred_Shares_Series_A |
Algonquin Power & Utilities Corp (AQN) has 2 preferred share series outstanding on the Toronto Stock Exchange — 2 five-year rate resets. The median trailing indicated yield across the cohort is 6.62%, with AQN.PR.D the highest-yielding series at 6.62%. All figures are trailing values from this site's daily update pipeline, computed from declared dividends and the latest close.
The reset calendar is a practical lens on this issuer: 2 of the active series are five-year rate resets, and the next scheduled repricings are AQN.PR.A on Dec 31, 2028; AQN.PR.D on Mar 31, 2029. At each reset the dividend reprices to the 5-year Government of Canada benchmark plus the spread fixed in the series' terms, and holders may elect a floating-rate sibling where the terms provide one.
Utility preferred share programs are predominantly cumulative rate resets — a structural protection bank paper lacks — with mid-tier payout ratings and a yield premium over banks that roughly tracks credit spread.
Compare every Canadian preferred share side by side in the screener, or browse peers in the sector guides. The structural background — par value, reset mechanics, and rating tiers — is covered in the preferred shares guide.