Innergex Renewable Energy Inc. (INGXF) to Issue Dividend of $0.06 on January 15th

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) declared a dividend on Tuesday, December 24th,investing.com reports. Investors of record on Wednesday, January 1st will be paid a dividend of 0.0649 per share on Wednesday, January 15th. This represents a dividend yield of 4.6%. The ex-dividend date is Tuesday, December 31st.

Innergex Renewable Energy Stock Performance

Shares of INGXF stock opened at $5.63 on Friday. The company has a market capitalization of $1.14 billion, a P/E ratio of -11.48 and a beta of 0.64. Innergex Renewable Energy has a 12-month low of $5.26 and a 12-month high of $7.90. The business’s 50 day moving average is $6.22 and its two-hundred day moving average is $6.86. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 4.50.

Innergex Renewable Energy (OTCMKTS:INGXF) last announced its earnings results on Wednesday, November 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The firm had revenue of $179.04 million for the quarter, compared to analyst estimates of $192.68 million. Innergex Renewable Energy had a negative return on equity of 1.70% and a negative net margin of 13.73%. Analysts expect that Innergex Renewable Energy will post -0.07 EPS for the current fiscal year.

Innergex Renewable Energy Company Profile

Innergex Renewable Energy Inc operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation.