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Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2021, the company had interests in 90 wind power stations with an installed capacity of 2,032 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; 12 solar power stations with an installed capacity of 244 MW; and one thermal power station with an installed capacity of 35 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.

Boralex Dividend Announcement

Boralex announced a quarterly dividend of C$0.17 per ordinary share which will be made payable on 2024-09-17. Ex dividend date: 2024-08-30
Boralex annual dividend for 2024 was C$0.49
Boralex annual dividend for 2023 was C$0.66
Boralex's trailing twelve-month (TTM) dividend yield is 1.91%
Boralex's payout ratio for the trailing twelve months (TTM) is 82.93%
Boralex's dividend growth over the last five years (2018-2023) was 0.93% year

Boralex Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30C$0.17quarterly2024-09-17
2024-05-31C$0.17quarterly2024-06-17
2024-02-28C$0.17quarterly2024-03-15
2023-11-29C$0.17quarterly2023-12-15
2023-08-30C$0.17quarterly2023-09-18
2023-05-30C$0.17quarterly2023-06-15
2023-02-27C$0.17quarterly2023-03-15
2022-11-29C$0.17quarterly2022-12-15
2022-08-30C$0.17quarterly2022-09-16
2022-05-30C$0.17quarterly2022-06-15
2022-02-25C$0.17quarterly2022-03-15
2021-11-29C$0.17quarterly2021-12-15
2021-08-30C$0.17quarterly2021-09-16
2021-05-28C$0.17quarterly2021-06-15
2021-02-25C$0.17quarterly2021-03-15
2020-11-27C$0.17quarterly2020-12-15
2020-08-28C$0.17quarterly2020-09-16
2020-05-28C$0.17quarterly2020-06-15
2020-02-27C$0.17quarterly2020-03-16
2019-11-28C$0.17quarterly2019-12-16
2019-08-29C$0.17quarterly2019-09-17
2019-05-30C$0.17quarterly2019-06-17
2019-02-27C$0.17quarterly2019-03-15
2018-11-29C$0.17quarterly2018-12-17
2018-08-30C$0.16quarterly2018-09-18
2018-05-30C$0.16quarterly2018-06-15
2018-02-27C$0.15quarterly2018-03-15
2017-11-29C$0.15quarterly2017-12-15
2017-08-29C$0.15quarterly2017-09-18
2017-05-29C$0.15quarterly2017-06-15
2017-02-24C$0.15quarterly2017-03-15
2016-11-28C$0.14quarterly2016-12-15
2016-08-29C$0.14quarterly2016-09-16
2016-05-27C$0.14quarterly2016-06-15
2016-02-25C$0.13quarterly2016-03-15
2015-11-26C$0.13quarterly
2015-08-27C$0.13quarterly2015-09-16
2015-05-27C$0.13quarterly2015-06-15
2015-02-25C$0.13quarterly2015-03-16
2014-11-26C$0.13quarterly2014-12-15
2014-08-27C$0.13quarterly2014-09-16
2014-05-28C$0.13quarterly2014-06-16
2014-02-26C$0.13quarterly2014-03-17
2006-09-27C$0.07quarterly

Boralex Dividend per year

Boralex Dividend growth

Boralex Dividend Yield

Boralex current trailing twelve-month (TTM) dividend yield is 1.91%. Interested in purchasing Boralex stock? Use our calculator to estimate your expected dividend yield:

Boralex Financial Ratios

P/E ratio43.26
PEG ratio1.56
P/B ratio2.09
ROE4.87%
Payout ratio82.93%
Current ratio0.96
Quick ratio0.96
Cash Ratio0.71

Boralex Dividend FAQ

How much is the next Boralex dividend?
Boralex's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Boralex dividend. The next Boralex dividend will be released in February, May, August, or November.
When is Boralex dividend paid?
Boralex pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Boralex pay?
The specific amount of Boralex dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Boralex's dividend history.
Does Boralex stock pay dividends?
Yes, Boralex does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Boralex's dividend history.
How much dividend does Boralex pay?
Boralex paid C$0.495 in 2024, C$0.66 in 2023, C$0.66 in 2022, C$0.66 in 2021, and C$0.66 in 2020.
How often does Boralex pay dividends?
Boralex typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Boralex's dividend yield?
The current dividend yield for Boralex is 1.91%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Boralex's exact dividend yield.
When does Boralex go ex dividend?
Boralex's ex-dividend date for the latest dividend was on 2024-08-30. Boralex typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Boralex dividend paid?
Boralex pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Boralex increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Boralex will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Boralex dividend per share?
Boralex paid C$0.495 per share in 2024 and C$0.66 per share in 2023. The amount of dividend per share that Boralex pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Boralex a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Boralex a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Boralex a dividend stock?
Yes, Boralex is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Boralex a good dividend stock?
Whether Boralex is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Boralex has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Boralex as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Boralex pay dividends monthly?
Boralex typically pays dividends on a quarterly basis.
Does Boralex pay dividends quarterly?
Boralex currently pays dividends on a quarterly basis.
Has Boralex ever paid a dividend?
Yes, Boralex has a history of paying dividends to its shareholders. Boralex is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Boralex dividend stocks?
To buy Boralex you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Boralex stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Boralex pay dividends 2024?
Boralex pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-17. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Boralex increase its dividend in 2024?
Decisions regarding Boralex dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Boralex dividend overview you can look into the above table of dividend history.
How Boralex dividend works?
The Boralex dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Boralex's dividend process works:

1. Determination of Dividend: Boralex's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Boralex publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Boralex distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Boralex are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Boralex dividends paid?
Boralex dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Boralex sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Boralex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Boralex declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Boralex pay dividends?
Boralex typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Boralex pay dividends?
The general pattern is that Boralex pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Boralex dividend safe?
The safety of Boralex's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Boralex's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Boralex's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.