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Capital Power raises dividend and confirms growth targets despite Q2 AFFO miss

Market News
02 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Capital Power (CPX) increased its quarterly dividend by 2% to C$0.7048, yielding 4.3%, while maintaining a payout ratio below 50%. Despite missing Q2 AFFO expectations, management reaffirmed its 2026 guidance and 2030 growth targets, projecting 8-10% annual AFFO per share growth through 2030. This outlook supports ongoing dividend increases and capital flexibility. The company is expanding its U.S. operations, and the current stock price at 8x anticipated 2030 AFFO presents a buying opportunity for investors seeking dividend income and growth potential.

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