Algonquin Power & Utilities Corp known by the ticker symbol (AQN), is a mid-cap renewable utility operating in the utilities business sector. This is my first report on Algonquin for my Viital portfolio or any of my previous six portfolios.

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets.

Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada.

AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.

The company was incorporated in 1988 and is headquartered in Oakville, Canada.

Three key data points gauge any dividend equity or fund such as Algonquin Power & Utilities Corp.

Adding the $0.72 Algonquin annual dividend to my estimated one-year price upside estimate of $2.82 shows a $3.54 potential gross gain, per share, to be reduced by any costs to trade AQN shares.

At yesterday's $13.18 closing price per share, a little over $1000 would buy 76 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.18 per share.

Subtract that maybe $0.18 brokerage cost from my estimated $3.54 gross gain estimate per share results in a net gain of $3.36 X 76 shares = $255.38 for a 25.5% net gain including a 5.49% forward looking dividend yield.

So it is that Algonquin Power & Utilities Corp shows a possible 25.5% net gain including a 5.49% forward-looking dividend yield.

Over the next year at this time our $1000 investment in Algonquin Power & Utilities Corp shares could generate $54.90 in cash dividends. Of course, a single share of AQN stock bought at yesterday's $13.18 price is over four times less than the dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this a good time to pick up AQN shares based on their forward looking dividends for the year 2022. The forthcoming annual dividend from $1K invested is 4.17 times greater than yesterday’s single share price. Consider yourself alerted. It's a sign.

All of the estimates above are speculation based on the past history of Algonquin Power & Utilities Corp . Only time and money invested in this stock will determine its market value.