Boralex Dividend
Dividend criteria checks 5/6
Boralex is a dividend paying company with a current yield of 2.39% that is well covered by earnings.
Key information
2.4%
Dividend yield
87%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.76 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Boralex Inc.'s (TSE:BLX) Popularity With Investors Is Clear
Apr 09
Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt
Feb 13Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital
Dec 02Here's Why Boralex (TSE:BLX) Is Weighed Down By Its Debt Load
Nov 02Returns At Boralex (TSE:BLX) Appear To Be Weighed Down
Aug 17Is Boralex (TSE:BLX) A Risky Investment?
Aug 01Industry Analysts Just Upgraded Their Boralex Inc. (TSE:BLX) Revenue Forecasts By 10%
May 11Boralex (TSE:BLX) Has A Somewhat Strained Balance Sheet
May 02Boralex's (TSE:BLX) Returns On Capital Are Heading Higher
Apr 17Calculating The Fair Value Of Boralex Inc. (TSE:BLX)
Mar 20Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today
Feb 27Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?
Jan 27Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital
Jan 14Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today
Nov 28A Look At The Fair Value Of Boralex Inc. (TSE:BLX)
Nov 08Returns Are Gaining Momentum At Boralex (TSE:BLX)
Oct 11Boralex (TSE:BLX) Seems To Use Debt Quite Sensibly
Sep 29With EPS Growth And More, Boralex (TSE:BLX) Makes An Interesting Case
Aug 22Calculating The Intrinsic Value Of Boralex Inc. (TSE:BLX)
Aug 08Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital
Jul 07Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt
Jun 15Returns On Capital At Boralex (TSE:BLX) Have Stalled
Mar 06Estimating The Fair Value Of Boralex Inc. (TSE:BLX)
Feb 03Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?
Dec 19Here's Why We Think Boralex (TSE:BLX) Is Well Worth Watching
Nov 19Boralex (TSE:BLX) Will Want To Turn Around Its Return Trends
Nov 02We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt
Aug 31Boralex (TSE:BLX) Has More To Do To Multiply In Value Going Forward
Jul 19These 4 Measures Indicate That Boralex (TSE:BLX) Is Using Debt Extensively
May 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BLX's dividends per share have been stable in the past 10 years.
Growing Dividend: BLX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Boralex Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BLX) | 2.4% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Renewable Energy) | 5.9% |
| Analyst forecast in 3 Years (BLX) | 2.4% |
Notable Dividend: BLX's dividend (2.39%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: BLX's dividend (2.39%) is low compared to the top 25% of dividend payers in the Canadian market (6.49%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87%), BLX's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), BLX's dividend payments are well covered by cash flows.