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

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

Innergex Renewable Energy Trading Up 1.6 %

INGXF opened at $7.34 on Monday. The stock has a market capitalization of $1.49 billion, a PE 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 has a 12-month low of $5.26 and a 12-month high of $8.89. The firm’s fifty day moving average price is $6.98 and its 200 day moving average price is $6.74.

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

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.