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Algonquin Power & Utilities Corp.
Algonquin Power & Utilities Corp. Declares Second Quarter 2017 Preferred Share Dividends



May 12, 2017

Algonquin Power & Utilities Corp. ("APUC") (TSX: AQN, AQN.PR.A, AQN.PR.D, NYSE: AQN) announced that the Board of Directors of APUC has declared the following preferred share dividends:

  1. Cdn $0.28125 per Preferred Share, Series A, payable in cash on June 30, 2017 to Preferred Share, Series A holders of record on June 15, 2017 for the period from March 31, 2017 to, but excluding, June 30, 2017.
  2. Cdn $0.3125 per Preferred Share, Series D, payable in cash on June 30, 2017 to Preferred Share, Series D holders of record on June 15, 2017 for the period from March 31, 2017 to, but excluding, June 30, 2017.

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 North American diversified generation, transmission and distribution utility with $10 billion of total assets. Liberty Utilities provides rate regulated natural gas, water, and electricity generation, transmission, and distribution utility services to approximately 780,000 customers in the United States. APUC is committed to being a North American leader in the generation of clean energy through its portfolio of long term contracted wind, solar and hydroelectric generating facilities representing more than 1,300 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.

For more information:

Organization:
Algonquin Power & Utilities Corp.

Address:
2845 Bristol Cir
Oakville, Ontario
L6H 7H7
www.algonquinpower.com
Tel: 905-465-4500

Contact:
Ian Tharp
Vice President, Investor Relations
Tel: (905) 465-6770
E-mail: InvestorRelations@APUCorp.com


Link http://www.electricenergyonline.com/detail_news.php?ID=637531
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