Innergex Renewable Energy Inc. (OTCMKTS:INGXF) to Issue $0.07 Dividend

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) announced a dividend on Friday, June 21st, investing.com reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.0659 per share on Monday, July 15th. This represents a dividend yield of 3.51%. The ex-dividend date is Friday, June 28th.

Innergex Renewable Energy Trading Down 0.5 %

INGXF traded down $0.04 during midday trading on Thursday, hitting $7.45. 1,765 shares of the company traded hands, compared to its average volume of 53,029. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.74 and a current ratio of 0.74. Innergex Renewable Energy has a 52-week low of $5.26 and a 52-week high of $10.22. The business has a 50 day simple moving average of $6.74 and a two-hundred day simple moving average of $6.47.

Innergex Renewable Energy (OTCMKTS:INGXF) last released its quarterly earnings results on Wednesday, May 8th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $179.91 million for the quarter. Innergex Renewable Energy had a negative return on equity of 0.69% and a negative net margin of 12.81%.

About Innergex Renewable Energy

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.