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Innergex Renewable Energy Inc. Declares Dividend of $0.06 (OTCMKTS:INGXF)

Innergex Renewable Energy logo with Utilities background

Innergex Renewable Energy Inc. (OTCMKTS:INGXF - Get Free Report) declared a dividend on Tuesday, December 24th,investing.com reports. Stockholders 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 Price Performance

OTCMKTS INGXF traded down $0.04 during trading hours on Tuesday, reaching $5.71. The company's stock had a trading volume of 878 shares, compared to its average volume of 48,580. The company has a debt-to-equity ratio of 4.50, a quick ratio of 0.56 and a current ratio of 0.56. The company's 50-day moving average is $6.34 and its two-hundred day moving average is $6.91. Innergex Renewable Energy has a fifty-two week low of $5.26 and a fifty-two week high of $7.90. The stock has a market cap of $1.16 billion, a PE ratio of -11.65 and a beta of 0.64.

Innergex Renewable Energy (OTCMKTS:INGXF - Get Free Report) last posted 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. Innergex Renewable Energy had a negative return on equity of 1.70% and a negative net margin of 13.73%. The firm had revenue of $179.04 million for the quarter, compared to analyst estimates of $192.68 million. Analysts forecast that Innergex Renewable Energy will post -0.07 EPS for the current year.

Innergex Renewable Energy Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Innergex Renewable Energy (OTCMKTS:INGXF)

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