May 12, 2016 / 9:12 PM / a year ago

BRIEF-Algonquin Power & Utilities announces 10% dividend increase

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May 12 (Reuters) - Algonquin Power & Utilities Corp

* Approved a dividend increase of u.s. $0.0385 annually per common share to a total dividend of u.s. $0.4235 per common share

* Declared a dividend of u.s. $0.1059 per share on its common shares

* Algonquin power & utilities corp. Announces 10% dividend increase and declares second quarter 2016 common share dividend of u.s. $0.1059 (cdn. $0.13613) Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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