Does AQN (AQN) Pay a Dividend? (2026)

Last updated July 2026

Short answer

Yes. AQN (AQN) pays a dividend yielding about 4.28% as of July 2026, paid quarterly, four times a year. The latest payment on record was $0.0650 per share, ex-dividend June 30, 2026. The forward annual rate is roughly $0.26 per share, about $428 a year on a $10,000 position before tax. The payout takes about 100% of earnings. Figures are approximate and dated; verify the current number with your broker.

Does AQN (AQN) pay a dividend?

Yes. AQN distributes a dividend yielding roughly 4.28% as of July 2026, paid quarterly, four times a year. The most recent payment on record was $0.0650 per share, with an ex-dividend date of June 30, 2026. Annualized, that is about $0.26 per share.

These are qualitative descriptors tied to the asOf date, not live quotes. Algonquin has been through a major reset, so historical multiples and dividend figures can be misleading. Always verify the current share price, dividend, debt levels, and rate-base guidance from Algonquin's latest filings before acting. As a turnaround-stage regulated utility, the stock's value hinges on execution and rate outcomes more than on any single reported number.

AQN dividend at a glance

Dividend yield
4.28%
Annual rate / share
$0.26
Payout ratio
100.00%
Ex-dividend date
2026-06-30
Recent payments per share
2026-06-30$0.065
2026-03-31$0.065
2025-06-30$0.065
2025-03-31$0.065
2024-12-31$0.065
2024-09-27$0.065

AQN dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with AQN's investor relations page before relying on it.

Is the AQN dividend covered?

AQN paid out about 100% of its earnings as dividends, so the dividend absorbs nearly all earnings. There is little cushion at that level: if earnings fall, the company has to fund the payout from cash or debt, or cut it. Check the cash-flow coverage and the trend in earnings before treating the yield as dependable.

Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.

How the AQN dividend has changed

The latest payment of $0.0650 per share compares with $0.0650 in the equivalent payment a year earlier (December 31, 2024). That is a change of 0.0% over the year.

A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on AQN's investor relations page.

What AQN's dividend means for you

  • Income: about $428 a year per $10,000 invested, before tax.
  • Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
  • Total return: for AQN the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
  • Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
  • If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.

How AQN dividends are taxed

Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.

The bottom line on the AQN dividend

AQN (AQN) pays about 4.28%, or roughly $0.26 per share a year. That is a genuine income yield, so the payout is a real part of the case for holding it, and the coverage question above is the one to answer first. For the full picture see the AQN guide. Walnut can show how AQN fits your real portfolio. It is not an investment adviser.

Investing in AQN with AI

Connect the broker you already use and ask Walnut's AI how AQN fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.

FAQ

Does AQN (AQN) pay a dividend?

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Yes. AQN pays a dividend yielding roughly 4.28% as of July 2026, paid quarterly, four times a year. The most recent payment on record was $0.0650 per share with an ex-dividend date of June 30, 2026. That works out to a forward annual rate of about $0.26 per share. Yields move with the share price, so verify the current figure with your broker or AQN's investor relations page before relying on it.

What is AQN's dividend yield?

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About 4.28% as of July 2026. On a $10,000 position that is roughly $428 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so AQN yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.

How often does AQN pay its dividend?

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AQN pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of June 30, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on AQN's investor relations page, because boards can change both the amount and the timing.

When is AQN's ex-dividend date?

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The ex-dividend date recorded in our July 2026 data pull is June 30, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check AQN's investor relations page for the next confirmed date.

How much is AQN's dividend per share?

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$0.0650 per share in the most recent payment (ex-date June 30, 2026), which annualizes to about $0.26 per share. The equivalent payment a year earlier was $0.0650. That is a change of 0.0% year over year.

Has AQN raised its dividend recently?

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Not in the last year. The latest payment of $0.0650 per share is unchanged from the $0.0650 paid a year earlier. A flat dividend is not necessarily a warning sign, but it does mean the income is losing ground to inflation.

Is AQN's dividend safe?

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AQN paid out about 100% of its earnings as dividends, so the dividend absorbs nearly all earnings. There is little cushion at that level: if earnings fall, the company has to fund the payout from cash or debt, or cut it. Check the cash-flow coverage and the trend in earnings before treating the yield as dependable. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.

How much would I earn in dividends from a $10,000 position in AQN?

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At a yield of about 4.28%, roughly $428 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.

Are AQN dividends qualified for tax purposes?

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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.

Should I reinvest AQN dividends?

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Most brokers offer automatic reinvestment (a DRIP) that puts each AQN payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.

Why did Algonquin cut its dividend?

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Algonquin cut its common dividend by roughly 40% (to about US$0.065 per quarter) as part of a broader reset driven by heavy debt and rising interest costs. The reduction was meant to free up cash, support deleveraging, and put the payout on a more sustainable footing. It was painful for income investors but framed by management as necessary to stabilize the company. Always check the latest declared dividend.

Does Algonquin pay a dividend, and is it safe?

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Algonquin still pays a common dividend, but at a reduced level after the roughly 40% cut. Management positions the lower payout as more sustainable and better aligned with the regulated-utility cash flows. No dividend is guaranteed, and after past changes investors should treat the payout as something to monitor rather than assume. Always confirm the latest declared dividend and payout ratio.

Walnut is informational, not investment advice. Dividend figures on this page come from a July 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with AQN's investor relations page or your broker before acting on them.

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