Dividend SustainabilityThe US$0.43 dividend, representing approximately a 7% yield, is considered sustainable by management, supporting the stock's attractiveness as an income-generating investment.
Financial PerformanceQ4/23 results exceeded expectations with adjusted EBITDA and EPS beating consensus, showcasing the company's strong performance.
Strategic FocusAQN is expected to morph more into a pure-play utility with mid-single-digit growth, which could lead to meaningful valuation expansion and share price appreciation.