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 1.95%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | C$0.17 | quarterly | 2024-09-17 |
2024-05-31 | C$0.17 | quarterly | 2024-06-17 |
2024-02-28 | C$0.17 | quarterly | 2024-03-15 |
2023-11-29 | C$0.17 | quarterly | 2023-12-15 |
2023-08-30 | C$0.17 | quarterly | 2023-09-18 |
2023-05-30 | C$0.17 | quarterly | 2023-06-15 |
2023-02-27 | C$0.17 | quarterly | 2023-03-15 |
2022-11-29 | C$0.17 | quarterly | 2022-12-15 |
2022-08-30 | C$0.17 | quarterly | 2022-09-16 |
2022-05-30 | C$0.17 | quarterly | 2022-06-15 |
2022-02-25 | C$0.17 | quarterly | 2022-03-15 |
2021-11-29 | C$0.17 | quarterly | 2021-12-15 |
2021-08-30 | C$0.17 | quarterly | 2021-09-16 |
2021-05-28 | C$0.17 | quarterly | 2021-06-15 |
2021-02-25 | C$0.17 | quarterly | 2021-03-15 |
2020-11-27 | C$0.17 | quarterly | 2020-12-15 |
2020-08-28 | C$0.17 | quarterly | 2020-09-16 |
2020-05-28 | C$0.17 | quarterly | 2020-06-15 |
2020-02-27 | C$0.17 | quarterly | 2020-03-16 |
2019-11-28 | C$0.17 | quarterly | 2019-12-16 |
2019-08-29 | C$0.17 | quarterly | 2019-09-17 |
2019-05-30 | C$0.17 | quarterly | 2019-06-17 |
2019-02-27 | C$0.17 | quarterly | 2019-03-15 |
2018-11-29 | C$0.17 | quarterly | 2018-12-17 |
2018-08-30 | C$0.16 | quarterly | 2018-09-18 |
2018-05-30 | C$0.16 | quarterly | 2018-06-15 |
2018-02-27 | C$0.15 | quarterly | 2018-03-15 |
2017-11-29 | C$0.15 | quarterly | 2017-12-15 |
2017-08-29 | C$0.15 | quarterly | 2017-09-18 |
2017-05-29 | C$0.15 | quarterly | 2017-06-15 |
2017-02-24 | C$0.15 | quarterly | 2017-03-15 |
2016-11-28 | C$0.14 | quarterly | 2016-12-15 |
2016-08-29 | C$0.14 | quarterly | 2016-09-16 |
2016-05-27 | C$0.14 | quarterly | 2016-06-15 |
2016-02-25 | C$0.13 | quarterly | 2016-03-15 |
2015-11-26 | C$0.13 | quarterly | |
2015-08-27 | C$0.13 | quarterly | 2015-09-16 |
2015-05-27 | C$0.13 | quarterly | 2015-06-15 |
2015-02-25 | C$0.13 | quarterly | 2015-03-16 |
2014-11-26 | C$0.13 | quarterly | 2014-12-15 |
2014-08-27 | C$0.13 | quarterly | 2014-09-16 |
2014-05-28 | C$0.13 | quarterly | 2014-06-16 |
2014-02-26 | C$0.13 | quarterly | 2014-03-17 |
2006-09-27 | C$0.07 | quarterly |
Boralex Dividend per year
Boralex Dividend growth
Boralex Dividend Yield
Boralex current trailing twelve-month (TTM) dividend yield is 1.95%. Interested in purchasing Boralex stock? Use our calculator to estimate your expected dividend yield:
Boralex Financial Ratios
Boralex Dividend FAQ
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.
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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.
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.
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.