Algonquin Power & Utilities Corp. Declares Third Quarter 2013 Dividends

   Algonquin Power & Utilities Corp. Declares Third Quarter 2013 Dividends

PR Newswire

OAKVILLE, ON, Aug. 14, 2013

OAKVILLE, ON, Aug. 14, 2013 /PRNewswire/ - Algonquin Power & Utilities Corp.
("APUC") (TSX:AQN, AQN.PR.A) announced today that the Board of Directors of
APUC (the "Board") has declared a dividend of $0.085 on its common shares,
payable on October 15, 2013 to the shareholders of record on September 30,
2013 for the period from July 1, 2013 to September 30, 2013.

The common share dividend will be paid in cash or, if a shareholder has
enrolled in the shareholder dividend reinvestment plan ("the Plan"), dividends
will be reinvested in additional shares ("Plan Shares") of APUC as per the
Plan. Plan Shares will be acquired by way of a Treasury Purchase at the
average market price as defined in the Plan less a 5% discount for the third
quarter of 2013.

Additionally, the Board has declared a dividend of $0.28125 per Preferred
Share, Series A, payable in cash on September 30, 2013 to Preferred Share,
Series A holders of record on September 13, 2013, for the period from June 30,
2013 to, but excluding, September 30, 2013.

For Canadian resident shareholders, dividends declared on both common shares
and Preferred Shares, Series A are considered as "eligible dividends" for
purposes of the dividend tax credit rules contained in the Income Tax Act

About Algonquin Power & Utilities Corp.
Algonquin Power  &  Utilities  Corp.  owns  and  operates  a  diversified$3.0 
billionportfolio of regulated and  non-regulated utilities inNorth  America. 
The company's  regulated  utility  business is  committed  to  provide  water, 
electricity and natural gas utility services to over 470,000 customers through
a nationwide portfolio of regulated generation, transmission and  distribution 
utility systems. The  company's non-regulated  electric generation  subsidiary 
owns or  has  interests in  renewable  energy and  thermal  energy  facilities 
representing more  than 1,100  MW  of installed  capacity. Algonquin  Power  & 
Utilities Corp. delivers  continuing growth through  an expanding pipeline  of 
renewable power and clean energy projects, organic growth within its regulated
utilities and  the  pursuit  of accretive  acquisition  opportunities.  Common 
shares and preferred shares are traded on the Toronto Stock Exchange under the
symbols AQN and  AQN.PR.A respectively.  Visit Algonquin  Power and  Utilities and follow us on Twitter@AQN_Utilities.

SOURCE Algonquin Power & Utilities Corp.


Kelly Castledine
Algonquin Power & Utilities Corp.
2845 Bristol Circle, Oakville, Ontario, L6H 7H7
Telephone: (905) 465-4500
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