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Atlantic Power (AT) declares C$0.033/share monthly dividend, 65% decrease from prior dividend of...

  • Friday, March 15, 3:40 PM ET
    Atlantic Power (AT) declares C$0.033/share monthly dividend, 65% decrease from prior dividend of C$0.0958. Forward yield 7.25%. For shareholders of record Mar. 28. Payable Apr. 30. Ex-div date Mar. 26. (PR)
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This news story has 3 comments:

  • The yield only decreased by 3% now (30%), not 65% because the stock tanked 50%. Mathematics that works against the investor.......

    I hope the next share holder meeting declines management compensations. Better yet, throw management out.

    What is really upsetting is that the reduction by 65% occurred in one merciless step without warning. Second most stupid decision I made getting AT shares (a long long way after CCME day trading and getting stuck with shares when stock was halted......)..
    15 Mar, 07:48 PM Reply Like
  • I am not a savy investor....it's just hard for me to imagine that you saw no warning in the past 90 days. I took a hit too but sold out just under 11.00/share..............
    16 Mar, 11:24 AM Reply Like
  • Dividend decrease - sure. Dividend slaughter - no way I saw that coming or anyone for that matter. Anyhow, I called it "stupid decision". And it was.
    16 Mar, 01:13 PM Reply Like
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