Polaris Renewable Energy Inc. (PIF) to Issue Quarterly Dividend of $0.15 on November 20th

Polaris Renewable Energy Inc. (TSE:PIF) announced a quarterly dividend on Thursday, November 12th. Shareholders of record on Friday, November 20th will be given a dividend of $0.15 per share on Friday, November 20th. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date is Thursday, November 12th.

Polaris Renewable Energy Stock Up 1.7%

Shares of TSE:PIF opened at C$14.08 on Tuesday. The firm has a market cap of C$294.20 million, a PE ratio of 74.11, a price-to-earnings-growth ratio of 3.28 and a beta of 0.53. The company has a fifty day simple moving average of C$13.80 and a 200 day simple moving average of C$13.56. The company has a current ratio of 4.75, a quick ratio of 1.64 and a debt-to-equity ratio of 93.21. Polaris Renewable Energy has a 12-month low of C$11.55 and a 12-month high of C$16.08.

Polaris Renewable Energy (TSE:PIF) last issued its quarterly earnings results on Thursday, November 5th. The company reported C($0.48) EPS for the quarter. Polaris Renewable Energy had a return on equity of 1.73% and a net margin of 5.34%. The company had revenue of C$27.06 million for the quarter. During the same quarter last year, the firm earned ($0.02) earnings per share. On average, equities research analysts anticipate that Polaris Renewable Energy will post 0.65 EPS for the current fiscal year.

About Polaris Renewable Energy

Polaris Renewable Energy Inc is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company’s operations include a geothermal plant (82 MW), four run-of river hydroelectric plants (39 MW), three solar (photovoltaic) projects (35 MW) and an onshore wind farm (26 MW).