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Innergex Renewable Energy (INE) Dividend Yield, Date & History

Innergex Renewable Energy logo
C$8.24 +0.11 (+1.35%)
(As of 12/24/2024 01:21 PM ET)

Innergex Renewable Energy Dividend Summary

Dividend Yield
4.37%
Annual Dividend
C$0.36
Next
Dividend Payment
Jan. 15
Dividend Payout Ratio
-55.38%

Innergex Renewable Energy (INE) pays an annual dividend of C$0.36 per share, with a dividend yield of 4.37%. The next payment of C$0.09 per share is scheduled for Wednesday, January 15, to investors who own the stock before the ex-dividend date of Tuesday, December 31. The company currently pays out -55.38% of its earnings and 70.39% of its cash flow as dividends.

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INE Dividend Payments by Quarter

The chart below displays up to four years of Innergex Renewable Energy's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

INE Dividend Yield Over Time

The chart below tracks Innergex Renewable Energy's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Innergex Renewable Energy vs. The Competition

Compare Innergex Renewable Energy's annual dividend, yield, and 3-year growth rate with averages for Utilities and TSE companies to evaluate its performance against the market.

TypeInnergex Renewable EnergyUtilities CompaniesTSE Companies
Annual DividendC$0.36C$0.04C$1.07
Dividend Yield4.37%4.12%5.40%

Innergex Renewable Energy Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-55.38%
Based on This Year's Estimate232.28%
Based on Cashflow70.39%

Innergex Renewable Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/6/2024Quarterly$0.09 - 4.07%12/31/202412/31/20241/15/2025
9/27/2024Quarterly$0.09 - 3.72%9/27/202410/15/202410/15/2024
6/28/2024Quarterly$0.09 - 4.28%6/28/20247/15/20247/15/2024
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And if you’d like to get your hands on this, here you go, the complete breakdown.
3/27/2024Quarterly$0.09-$0.09
50.00%
4.65%3/27/20244/15/20244/15/2024
11/8/2023Quarterly$0.18 - 7.73%12/28/202312/29/20231/15/2024
8/8/2023Quarterly$0.18 - 5.67%9/28/20239/30/202310/16/2023
5/9/2023Quarterly$0.18 - 5.59%6/29/20236/30/20237/17/2023
3/30/2023Quarterly$0.18 - 5.05%3/30/20234/17/20234/17/2023
12/29/2022Quarterly$0.18 - 4.63%12/29/20221/16/20231/16/2023

This table shows Innergex Renewable Energy's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Innergex Renewable Energy Dividend - Frequently Asked Questions

The current dividend yield for Innergex Renewable Energy is 4.37%. Learn more on INE's dividend yield history.

The annual dividend for INE shares is C$0.36. Learn more on INE's annual dividend history.

Innergex Renewable Energy pays quarterly dividends to shareholders.

Innergex Renewable Energy's next quarterly dividend payment of C$0.09 per share will be made to shareholders on Wednesday, January 15, 2025.

Innergex Renewable Energy's most recent quarterly dividend payment of C$0.09 per share was made to shareholders on Tuesday, October 15, 2024.

Innergex Renewable Energy's next ex-dividend date is Tuesday, December 31, 2024.

Innergex Renewable Energy's most recent ex-dividend date was Friday, September 27, 2024.

The most recent change in the company's dividend was a decrease of C$0.09 on Wednesday, March 27, 2024.

The dividend payout ratio for INE is:
  • -55.38% based on the trailing year of earnings
  • 232.28% based on this year's estimates
  • 70.39% based on cash flow

Innergex Renewable Energy's dividend yield of 3.70% is lower than the average Utilities company that issues a dividend.

Looking at the stock as a whole, market analysts rate Innergex Renewable Energy stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (TSE:INE) was last updated on 12/25/2024 by MarketBeat.com Staff
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