• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Algonquin Power Income Fund declares cash distribution for March 2009

Posted on: Thursday, 19 March 2009, 15:00 CDT

OAKVILLE, ON, March 19 /PRNewswire-FirstCall/ - Algonquin Power Income Fund ("Algonquin Power") (TSX:APF.UN) of Oakville, Ontario announced today that its Trustees have declared a cash distribution on its trust units. The distribution is $0.02 per trust unit payable on April 16, 2009 to the unitholders of record on March 31, 2009 for the period from March 01, 2009 to March 31, 2009.

Algonquin Power has 77,672,683 units issued and outstanding which together with 1,941,718 units of Algonquin (AirSource) Power LP outstanding, results in an aggregate of 79,577,120 equivalent trust units issued and outstanding based on the exchange provisions applicable with respect to units of Algonquin (AirSource) Power LP.

About Algonquin Power Income Fund

Algonquin Power is an open-ended investment trust that owns and has interests in a diverse portfolio of clean, renewable power generation and sustainable infrastructure assets across North America, including 42 renewable energy facilities, 11 thermal energy facilities, and 17 water distribution and waste-water facilities. Algonquin Power was established in 1997 to provide stable earnings through a diversified portfolio of renewable energy assets. Algonquin Power's units and convertible debentures are traded on the Toronto Stock Exchange under the symbols APF.UN, APF.DB and APF.DB.A.

SOURCE Algonquin Power Income Fund

Source: PR Newswire

More News in this Category