Innergex Renewable Energy Inc (OTCMKTS:INGXF) declared a quarterly dividend on Tuesday, May 14th, Zacks reports. Stockholders of record on Friday, June 28th will be paid a dividend of 0.131 per share on Monday, July 15th. This represents a $0.52 annualized dividend and a dividend yield of 4.89%. The ex-dividend date of this dividend is Thursday, June 27th.
Shares of INGXF stock traded up $0.29 on Tuesday, hitting $10.71. The company had a trading volume of 6,957 shares, compared to its average volume of 1,559. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 94.73 and a beta of 0.70. The company’s 50-day simple moving average is $10.45. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 5.43. Innergex Renewable Energy has a twelve month low of $8.21 and a twelve month high of $11.19.
Innergex Renewable Energy (OTCMKTS:INGXF) last issued its quarterly earnings data on Tuesday, May 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $95.09 million during the quarter. Innergex Renewable Energy had a net margin of 5.78% and a return on equity of 2.80%.
Separately, ValuEngine upgraded Innergex Renewable Energy from a “hold” rating to a “buy” rating in a research note on Monday, May 20th.
Innergex Renewable Energy Company Profile
Innergex Renewable Energy, Inc engages in the development, acquisition, and operations of run-of-river hydroelectric facilities, wind farms, solar photovoltaic farms, and geothermal power generation plants. It operates through the following segments: Hydroelectric Generation, Wind Power Generation, Solar Power Generation, and Site Development.
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