Boralex Inc. (TSE:BLX) Plans $0.17 Quarterly Dividend

Boralex Inc. (TSE:BLX) declared a quarterly dividend on Friday, May 29th, TickerTech Dividends reports. Shareholders of record on Monday, June 15th will be given a dividend of 0.165 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, May 29th.

Boralex Price Performance

TSE:BLX opened at C$36.89 on Wednesday. Boralex has a one year low of C$23.48 and a one year high of C$36.99. The company has a market cap of C$3.79 billion, a P/E ratio of -119.00, a P/E/G ratio of 2.01 and a beta of 0.26. The firm’s fifty day moving average price is C$35.73 and its two-hundred day moving average price is C$29.49. The company has a debt-to-equity ratio of 309.98, a current ratio of 1.24 and a quick ratio of 1.54.

Boralex (TSE:BLX) last issued its quarterly earnings data on Thursday, May 14th. The company reported C($0.08) earnings per share for the quarter. Boralex had a negative return on equity of 2.08% and a negative net margin of 3.56%.The business had revenue of C$286.00 million during the quarter. Equities analysts expect that Boralex will post 1.3383764 earnings per share for the current year.

Boralex Company Profile

Boralex Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex’s plants rely on wind power, while a significant number also employ hydroelectric power. The company generates the vast majority of its revenue from the sale of energy through long-term contracts to customers in Canada, France, and the United States.