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Polaris Renewable Energy (PIF) Dividend Yield, Date & History

Polaris Renewable Energy logo
C$13.00 +0.05 (+0.39%)
(As of 12/20/2024 05:17 PM ET)

Polaris Renewable Energy Dividend Summary

Dividend Yield
6.31%
Annual Dividend
C$0.82
Recent
Dividend Payment
Nov. 22
Dividend Payout Ratio
164.00%

Polaris Renewable Energy (PIF) pays an annual dividend of C$0.82 per share, with a dividend yield of 6.31%. The next payment of C$0.20 per share was paid on Friday, November 22, to investors who owned the stock before the ex-dividend date of Friday, November 8. The company currently pays out 164.00% of its earnings and 52.43% of its cash flow as dividends.

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PIF Dividend Payments by Quarter

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

PIF Dividend Yield Over Time

The chart below tracks Polaris 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.

Polaris Renewable Energy vs. The Competition

Compare Polaris 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.

TypePolaris Renewable EnergyUtilities CompaniesTSE Companies
Annual DividendC$0.82C$0.04C$1.07
Dividend Yield6.31%4.12%5.42%

Polaris 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 Earnings164.00%
Based on This Year's Estimate126.52%
Based on Cashflow52.43%

Polaris Renewable Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/31/2024Quarterly$0.2030-$0.0020
0.98%
6.77%11/8/202411/11/202411/22/2024
8/1/2024Quarterly$0.2050+$0.0550
36.67%
6.49%8/12/20248/12/20248/23/2024
5/2/2024Quarterly$0.15 - 5.15%5/10/20245/13/20245/24/2024
2/5/2024Quarterly$0.15 - 4.45%2/9/20242/12/20242/23/2024
11/2/2023Quarterly$0.15 - 4.44%11/9/202311/13/202311/24/2023
8/3/2023Quarterly$0.15 - 4.14%8/11/20238/14/20238/25/2023
5/4/2023Quarterly$0.15 - 4.43%5/12/20235/15/20235/26/2023
2/6/2023Quarterly$0.15 - 4.02%2/10/20232/13/20232/24/2023

This table shows Polaris 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.

Polaris Renewable Energy Dividend - Frequently Asked Questions

The current dividend yield for Polaris Renewable Energy is 6.31%. Learn more on PIF's dividend yield history.

The annual dividend for PIF shares is C$0.82. Learn more on PIF's annual dividend history.

Polaris Renewable Energy pays quarterly dividends to shareholders.

Polaris Renewable Energy's most recent quarterly dividend payment of C$0.20 per share was made to shareholders on Friday, November 22, 2024.

Polaris Renewable Energy's most recent ex-dividend date was Friday, November 8, 2024.

The most recent change in the company's dividend was a decrease of C$0.00 on Thursday, October 31, 2024.

The dividend payout ratio for PIF is:
  • 164.00% based on the trailing year of earnings
  • 126.52% based on this year's estimates
  • 52.43% based on cash flow

Polaris Renewable Energy's dividend yield of 6.67% is higher than the average Utilities company that issues a dividend. PIF has a dividend yield higher than 75% of all dividend-paying stocks 5.64, making it a leading dividend payer. Polaris Renewable Energy's dividend payout ratio of 164.00% may not be sustainable.

Looking at the stock as a whole, market analysts rate Polaris Renewable Energy stock as a Strong Buy, forecasting significant upside potential and strong investment returns.


This page (TSE:PIF) was last updated on 12/21/2024 by MarketBeat.com Staff
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