Recent Purchase

    Climate change was not taken serious until recently.  People, and even countries, said they will reduce their emissions or do other things to reduce the impact on the environment.  But, there was little action taking at any level.

Over the past years in the last couple of decades we have seen more and more devasting hurricanes, forest fires, droughts and air pollution.  It seems every single year is hottest year on record.

As an investor, you can take advantage now of opportunities as renewable energy is the future.  There will still be a need for oil and gas for several years, but there is going to be a major push for renewable energy.

Purchase

On May 4, I purchased 82 shares of Alqonquin Power and Utilities (AQN.TO) at $19.55 per share for a total cost of $1608.34 including commissions.   This purchase was made in my TFSA.

Algonquin Power and Utilities  currently pays a $0.1551 USD per share quarterly dividend, or $0.6204 USD per share annually.

This purchase adds $50.87 USD to my annual dividend income.  This is equivalent to $62.39 CAD.  

Disclosure:   Long AQN.TO

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.