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Westbridge Energy Corporation engages in the acquisition and development of solar photovoltaic (PV) projects in Canada and the United States. The company's flagship asset is the Georgetown project, a 278MWp solar PV plant covering an area of approximately 710 acres located in Vulcan County, Alberta. It also holds 100% interest in the Accalia project, a 221MWp solar PV plant covering an area of approximately 1,120 acres located in Cameron County, Texas; and 75% interest in the Sunnynook Project, a 236MWp solar PV plant with a 100MW battery energy storage system covering an area of approximately 940 acres located in Sunnynook, Alberta, Canada. The company is headquartered in Vancouver, Canada.

Westbridge Renewable Energy Dividend Announcement

Westbridge Renewable Energy announced a annually dividend of $0.07 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-07
Westbridge Renewable Energy annual dividend for 2024 was $0.07
Westbridge Renewable Energy's trailing twelve-month (TTM) dividend yield is 9.1%

Westbridge Renewable Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07$0.07annually2024-06-21

Westbridge Renewable Energy Dividend per year

Westbridge Renewable Energy Dividend Yield

Westbridge Renewable Energy current trailing twelve-month (TTM) dividend yield is 9.1%. Interested in purchasing Westbridge Renewable Energy stock? Use our calculator to estimate your expected dividend yield:

Westbridge Renewable Energy Financial Ratios

P/E ratio2.40
PEG ratio-0.10
P/B ratio2.74
ROE117.45%
Payout ratio0.00%
Current ratio1.15
Quick ratio1.15
Cash Ratio0.46

Westbridge Renewable Energy Dividend FAQ

Does Westbridge Renewable Energy stock pay dividends?
Westbridge Renewable Energy does not currently pay dividends to its shareholders.
Has Westbridge Renewable Energy ever paid a dividend?
No, Westbridge Renewable Energy has no a history of paying dividends to its shareholders. Westbridge Renewable Energy is not known for its dividend payments.
Why doesn't Westbridge Renewable Energy pay dividends?
There are several potential reasons why Westbridge Renewable Energy would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Westbridge Renewable Energy ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Westbridge Renewable Energy has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Westbridge Renewable Energy a dividend aristocrat?
Westbridge Renewable Energy is not considered a Dividend Aristocrat. 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 Westbridge Renewable Energy a dividend king?
Westbridge Renewable Energy is not classified as a "Dividend King". 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 Westbridge Renewable Energy a dividend stock?
No, Westbridge Renewable Energy is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Westbridge Renewable Energy stocks?
To buy Westbridge 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 and account minimums.

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