Innergex Renewable Energy Inc. (OTCMKTS:INGXF) Declares Dividend of $0.07

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) declared a dividend on Saturday, September 21st, investing.com reports. Shareholders of record on Monday, September 30th will be given a dividend of 0.0655 per share on Tuesday, October 15th. This represents a yield of 3.57%. The ex-dividend date of this dividend is Friday, September 27th.

Innergex Renewable Energy Stock Up 1.6 %

INGXF stock opened at $7.34 on Friday. The business has a 50-day moving average of $6.98 and a 200-day moving average of $6.73. Innergex Renewable Energy has a fifty-two week low of $5.26 and a fifty-two week high of $8.89. The stock has a market capitalization of $1.49 billion, a P/E ratio of -15.29 and a beta of 0.64. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.57 and a quick ratio of 0.57.

Innergex Renewable Energy (OTCMKTS:INGXF) last issued its earnings results on Wednesday, August 7th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $175.05 million for the quarter. Innergex Renewable Energy had a negative return on equity of 2.08% and a negative net margin of 13.13%.

Innergex Renewable Energy Company Profile

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 renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation.