Atlantic Power Corp declares C$0.033 dividend

Atlantic Power Corporation (AT) declares C$0.033/share monthly dividend in line with prior.

Forward yield 13.08%

Payable April 30; for shareholders of record March 31; ex-div March 27.

Comments (4)
  • PLAY4949
    , contributor
    Comments (4) | Send Message
    Well, how nice of our management ! Our $0.33/share monthly dividend, which was preceded by a precipitous dividend cut and a poison pill safety net for the benefit of management and a colapse in share price . They certainly have the share holders interest at heart !!!!
    14 Mar 2014, 01:50 PM Reply Like
  • StopPrintinMoney
    , contributor
    Comments (305) | Send Message
    it's 3.33 cents, not 33.3 cents, mate. Big difference
    19 Mar 2014, 08:30 AM Reply Like
  • 14215342
    , contributor
    Comments (35) | Send Message
    So if I had bought at $2.11 today I would earn .033 cents per month ... ( X 12 one hopes ) or 39.6 cents a share over the year i would be earning 18.76 percent.


    If I bought at $5.80 today i would earn .033 per month or 39.6 cents a share, over the year I would earn 6.8% on my investment.


    If I go to my bank today they pay me.02% maybe, so is the return all that bad ?


    Yes this is a stock that tanked in 2013, and your correct management may be incompetent, but there has to be some reality to the payout and the underlying value of the assets, for someone looking anew ... the risk vs return might well be fine, if it drops to 1.41 and pays out .0165 cents per share I would earn .066% on a share I bought at 2.82 today.
    14 Mar 2014, 02:34 PM Reply Like
  • StopPrintinMoney
    , contributor
    Comments (305) | Send Message
    the current yield may well be market's hint that the dividend is about to be cut (again). See the financials yourself.
    19 Mar 2014, 08:31 AM Reply Like
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