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 8.44%
Westbridge Renewable Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | $0.07 | annually | 2024-06-21 |
Westbridge Renewable Energy Dividend per year
Westbridge Renewable Energy Dividend Yield
Westbridge Renewable Energy current trailing twelve-month (TTM) dividend yield is 8.44%. Interested in purchasing Westbridge Renewable Energy stock? Use our calculator to estimate your expected dividend yield:
Westbridge Renewable Energy Financial Ratios
Westbridge Renewable Energy Dividend FAQ
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.
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