Canadian dividend stock down 59% after strategy shift.

The article reports Algonquin Power & Utilities has fallen about 59% from an early-2021 peak and is selling most renewables to reduce debt while declaring a fourth-quarter 2025 dividend that equates to roughly a 4.4% yield.

The article reports that Algonquin Power & Utilities has seen its shares fall roughly 59% from an early-2021 peak while remaining a provider of regulated electricity, gas and water through its Liberty operations. It also owns power generation assets and recently moved from a growth-at-any-cost approach toward simplifying its portfolio and strengthening the balance sheet. Management changes and a focus on execution are described as part of that shift. What is reported: - The article mentions the stock sits about 59% below its early-2021 peak and was up roughly 30% over the past year. - The article mentions a new chief operating officer was appointed in early January 2026 to lead regulated operations and capital discipline. - The article reports the company agreed to sell most of its renewable energy business while keeping hydropower, with the aim of reducing debt. - The article reports a fourth-quarter 2025 dividend of about $0.0918 per share, payable in mid-January 2026, which the article calculates as roughly a 4.4% yield. Summary: The article presents these developments as part of a deliberate simplification and balance-sheet repair effort that the company and some investors view as a pathway to clearer regulated earnings. Recent adjusted results and leadership changes are reported as signs of operational improvement. Undetermined at this time.