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Polaris Renewable Energy Inc. engages in the acquisition, development, and operation of renewable energy projects in Latin America. The company operates a 72 MW net geothermal facility in Nicaragua; and three run-of-river hydroelectric facilities in Peru with approximately 5 MW net, 8 MW net, and 20 MW net capacity. It also operates a solar project in the Dominican Republic with 32.6 MWdc. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is based in Toronto, Canada.

Polaris Renewable Energy Dividend Announcement

Polaris Renewable Energy announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-12
Polaris Renewable Energy annual dividend for 2024 was $0.45
Polaris Renewable Energy annual dividend for 2023 was $0.60
Polaris Renewable Energy's trailing twelve-month (TTM) dividend yield is 8.37%
Polaris Renewable Energy's payout ratio for the trailing twelve months (TTM) is 163.25%

Polaris Renewable Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-12$0.15quarterly2024-08-23
2024-05-10$0.15quarterly2024-05-24
2024-02-09$0.15quarterly2024-02-23
2023-11-09$0.15quarterly2023-11-24
2023-08-11$0.15quarterly2023-08-25
2023-05-12$0.15quarterly2023-05-26
2023-02-10$0.15quarterly2023-02-24
2022-11-10$0.15quarterly2022-11-25
2022-08-12$0.15quarterly2022-08-26
2022-02-22$0.15quarterly2022-02-25
2021-11-12$0.15quarterly2021-11-26
2021-08-13$0.15quarterly2021-08-27
2021-05-14$0.15quarterly2021-05-28
2021-02-18$0.15quarterly2021-02-26

Polaris Renewable Energy Dividend per year

Polaris Renewable Energy Dividend growth

Polaris Renewable Energy Dividend Yield

Polaris Renewable Energy current trailing twelve-month (TTM) dividend yield is 8.37%. Interested in purchasing Polaris Renewable Energy stock? Use our calculator to estimate your expected dividend yield:

Polaris Renewable Energy Financial Ratios

P/E ratio24.37
PEG ratio5.59
P/B ratio0.70
ROE2.88%
Payout ratio163.25%
Current ratio1.86
Quick ratio1.86
Cash Ratio1.36

Polaris Renewable Energy Dividend FAQ

How much is the next Polaris Renewable Energy dividend?
Polaris Renewable Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Polaris Renewable Energy dividend. The next Polaris Renewable Energy dividend will be released in February, May, August, or November.
When is Polaris Renewable Energy dividend paid?
Polaris Renewable Energy 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 Polaris Renewable Energy pay?
The specific amount of Polaris Renewable Energy 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 Polaris Renewable Energy's dividend history.
Does Polaris Renewable Energy stock pay dividends?
Yes, Polaris Renewable Energy 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 Polaris Renewable Energy's dividend history.
How much dividend does Polaris Renewable Energy pay?
Polaris Renewable Energy paid $0.45 in 2024, $0.6 in 2023, $0.45 in 2022, $0.6 in 2021, and $0.0 in 2020.
How often does Polaris Renewable Energy pay dividends?
Polaris Renewable Energy 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 Polaris Renewable Energy's dividend yield?
The current dividend yield for Polaris Renewable Energy is 8.37%. 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 Polaris Renewable Energy's exact dividend yield.
When does Polaris Renewable Energy go ex dividend?
Polaris Renewable Energy's ex-dividend date for the latest dividend was on 2024-08-12. Polaris Renewable Energy 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 Polaris Renewable Energy dividend paid?
Polaris Renewable Energy pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Polaris Renewable Energy 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 Polaris Renewable Energy 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 Polaris Renewable Energy dividend per share?
Polaris Renewable Energy paid $0.45 per share in 2024 and $0.6 per share in 2023. The amount of dividend per share that Polaris Renewable Energy 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 Polaris Renewable Energy 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 Polaris Renewable Energy 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 Polaris Renewable Energy a dividend stock?
Yes, Polaris Renewable Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Polaris Renewable Energy a good dividend stock?
Whether Polaris Renewable Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Polaris Renewable Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Polaris 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.
Does Polaris Renewable Energy pay dividends monthly?
Polaris Renewable Energy typically pays dividends on a quarterly basis.
Does Polaris Renewable Energy pay dividends quarterly?
Polaris Renewable Energy currently pays dividends on a quarterly basis.
Has Polaris Renewable Energy ever paid a dividend?
Yes, Polaris Renewable Energy has a history of paying dividends to its shareholders. Polaris Renewable Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Polaris Renewable Energy dividend stocks?
To buy Polaris Renewable Energy 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 Polaris Renewable Energy 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 Polaris Renewable Energy pay dividends 2024?
Polaris Renewable Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. 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 Polaris Renewable Energy increase its dividend in 2024?
Decisions regarding Polaris Renewable Energy 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 Polaris Renewable Energy dividend overview you can look into the above table of dividend history.
How Polaris Renewable Energy dividend works?
The Polaris Renewable Energy 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 Polaris Renewable Energy's dividend process works:

1. Determination of Dividend: Polaris 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, Polaris 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, Polaris 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 Polaris 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.
How are Polaris Renewable Energy dividends paid?
Polaris Renewable Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Polaris 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, Polaris 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: Polaris 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.
How many times does Polaris Renewable Energy pay dividends?
Polaris Renewable Energy 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 Polaris Renewable Energy pay dividends?
The general pattern is that Polaris Renewable Energy 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 Polaris Renewable Energy dividend safe?
The safety of Polaris Renewable Energy'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 Polaris 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 Polaris 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.