Algonquin: Profit From The Panic


  • AQN investors have suffered tremendously over the past year, exceeding the panic seen in 2020.
  • Diamond hands still in the game are left questioning whether there’s still hope left in Algonquin.
  • With its NTM dividend yield surging to 10.7% recently, investors should expect a dividend cut. But you need to ask whether it has been priced in?
  • Reward/risk is attractive enough at these levels that investors looking to average down shouldn’t ignore.

Chinese Citizens Watching Stock Market, Beijing 2015

FangXiaNuo/iStock Unreleased via Getty Images

AQN Investors Have Been Hammered

Algonquin Power & Utilities Corp. (NYSE:AQN) holders were struck with a selloff over the past year that was worse than they had experienced in the throes of the COVID

AQN NTM Dividend yield % valuation trend

AQN NTM Dividend yield % valuation trend (koyfin)

AQN price chart (monthly)

AQN price chart (monthly) (TradingView)

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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