Polaris Renewable Energy Inc. (TSE:PIF) to Issue Quarterly Dividend of $0.15

Polaris Renewable Energy Inc. (TSE:PIF) announced a quarterly dividend on Monday, August 10th, TickerTech Dividends reports. Stockholders of record on Friday, August 21st will be given a dividend of 0.15 per share on Friday, August 21st. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, August 10th.

Polaris Renewable Energy Price Performance

PIF stock opened at C$15.23 on Friday. The stock has a market cap of C$318.34 million, a PE ratio of 80.16, a P/E/G ratio of 3.28 and a beta of 0.55. Polaris Renewable Energy has a 12 month low of C$11.55 and a 12 month high of C$16.08. The company has a 50-day moving average price of C$15.01 and a 200 day moving average price of C$13.33. 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 (TSE:PIF) last posted its quarterly earnings data on Thursday, July 30th. The company reported C($0.06) earnings per share for the quarter. Polaris Renewable Energy had a return on equity of 1.73% and a net margin of 5.34%.The firm had revenue of C$28.32 million during the quarter. Equities research analysts anticipate that Polaris Renewable Energy will post 0.6481187 earnings per share for the current year.

Polaris Renewable Energy Company Profile

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).