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 hydroelectric facilities, and wind and solar farms, as well as energy storage facilities. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of February 23, 2022, it owned and operated 80 facilities with a net installed capacity of 3,101 megawatts, which included 40 hydroelectric facilities, 33 watersheds, 32 wind farms, and 8 solar farms; and had interests in under development and prospective projects at various stages of development. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.
Innergex Renewable Energy Dividend Announcement
• Innergex Renewable Energy announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-27
• Innergex Renewable Energy annual dividend for 2024 was $0.20
• Innergex Renewable Energy annual dividend for 2023 was $0.54
• Innergex Renewable Energy's trailing twelve-month (TTM) dividend yield is 7.26%
• Innergex Renewable Energy's payout ratio for the trailing twelve months (TTM) is -104.76%
• Innergex Renewable Energy's dividend growth over the last five years (2018-2023) was 0.90% year
• Innergex Renewable Energy's dividend growth over the last ten years (2013-2023) was 14.75% year
Innergex Renewable Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.07 | quarterly | 2024-10-15 |
2024-06-28 | $0.07 | quarterly | 2024-07-15 |
2024-03-27 | $0.07 | quarterly | 2024-04-15 |
2023-12-28 | $0.14 | quarterly | 2024-01-15 |
2023-09-28 | $0.13 | quarterly | 2023-10-16 |
2023-06-29 | $0.14 | quarterly | 2023-07-17 |
2023-03-30 | $0.13 | quarterly | 2023-04-17 |
2022-12-29 | $0.13 | quarterly | 2023-01-16 |
2022-09-28 | $0.13 | quarterly | 2022-10-17 |
2022-06-29 | $0.14 | quarterly | 2022-07-15 |
2022-03-30 | $0.14 | quarterly | 2022-04-15 |
2021-12-30 | $0.14 | quarterly | 2022-01-17 |
2021-09-28 | $0.14 | quarterly | 2021-10-15 |
2021-06-29 | $0.15 | quarterly | 2021-07-15 |
2021-03-30 | $0.14 | quarterly | 2021-04-15 |
2020-12-30 | $0.14 | quarterly | 2021-01-15 |
2020-09-29 | $0.14 | quarterly | 2020-10-15 |
2020-06-29 | $0.13 | quarterly | 2020-07-15 |
2020-03-30 | $0.13 | quarterly | 2020-04-15 |
2019-12-30 | $0.13 | quarterly | 2020-01-15 |
2019-09-27 | $0.13 | quarterly | 2019-10-15 |
2019-06-27 | $0.13 | quarterly | 2019-07-15 |
2018-12-28 | $0.12 | quarterly | 2019-01-15 |
2018-09-27 | $0.13 | quarterly | 2018-10-15 |
2018-06-28 | $0.13 | quarterly | 2018-07-16 |
2018-03-28 | $0.13 | quarterly | 2018-04-16 |
2017-12-28 | $0.13 | quarterly | 2018-01-15 |
2017-09-28 | $0.13 | quarterly | 2017-10-16 |
2017-06-28 | $0.12 | quarterly | 2017-07-17 |
2017-03-29 | $0.12 | quarterly | 2017-04-17 |
2016-12-28 | $0.12 | quarterly | 2017-01-16 |
2016-09-28 | $0.12 | quarterly | 2016-10-17 |
2016-06-28 | $0.12 | quarterly | 2016-07-15 |
2016-03-29 | $0.12 | quarterly | 2016-04-15 |
2015-12-29 | $0.11 | quarterly | 2016-01-15 |
2015-09-28 | $0.12 | quarterly | 2015-10-15 |
2015-06-26 | $0.13 | quarterly | 2015-07-15 |
2015-03-27 | $0.12 | quarterly | 2015-04-15 |
2014-12-29 | $0.13 | quarterly | 2015-01-15 |
2014-09-26 | $0.14 | quarterly | 2014-10-15 |
2014-06-26 | $0.14 | quarterly | 2014-07-15 |
2014-03-27 | $0.14 | quarterly | 2014-04-15 |
2013-12-27 | $0.14 | quarterly | 2014-01-15 |
Innergex Renewable Energy Dividend per year
Innergex Renewable Energy Dividend growth
Innergex Renewable Energy Dividend Yield
Innergex Renewable Energy current trailing twelve-month (TTM) dividend yield is 7.26%. Interested in purchasing Innergex Renewable Energy stock? Use our calculator to estimate your expected dividend yield:
Innergex Renewable Energy Financial Ratios
Innergex Renewable Energy Dividend FAQ
Other factors to consider when evaluating Innergex Renewable Energy 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: Innergex Renewable Energy'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, Innergex Renewable Energy 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, Innergex Renewable Energy 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 Innergex Renewable Energy 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: Innergex Renewable Energy 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, Innergex Renewable Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Innergex Renewable Energy 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 Innergex Renewable Energy'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 Innergex Renewable Energy'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.