Atlantic Power Corp. (AT) Declares Monthly Dividend of $0.03
Atlantic Power Corp. (NYSE:AT) declared a monthly dividend on Monday, September 16th, ARN reports. Shareholders of record on Monday, September 30th will be given a dividend of $0.0321 per share on Thursday, October 31st. This represents a $0.39 dividend on an annualized basis and a yield of 9.57%. The ex-dividend date of this dividend is Thursday, September 26th.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Atlantic Power Corp. (NYSE:AT) from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, September 2nd. They now have a $4.80 price target on the stock. Finally, analysts at RBC Capital downgraded shares of Atlantic Power Corp. (NYSE:AT) from a “sector perform” rating to an “underperform” rating in a research note to investors on Thursday, July 18th.
Three analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $7.60.
Atlantic Power Corp. (NYSE:AT) traded down 0.25% on Monday, hitting $4.03. 448,554 shares of the company’s stock traded hands. Atlantic Power Corp. has a 52 week low of $3.81 and a 52 week high of $15.18. The stock has a 50-day moving average of $4.09 and a 200-day moving average of $4.72. The company’s market cap is $483.4 million.
Atlantic Power Corporation (NYSE:AT) owns and operates a fleet of power generation and infrastructure assets in the United States and Canada.
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