Boralex Dividend
Dividend criteria checks 5/6
Boralex is a dividend paying company with a current yield of 1.9% that is well covered by earnings.
Key information
1.9%
Dividend yield
71%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.660 |
| Earnings per share | CA$0.92 |
| Dividend yield forecast | 1.9% |
Recent dividend updates
Recent updates
We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt
Sep 04
Returns Are Gaining Momentum At Boralex (TSE:BLX)
Jun 09Boralex Inc.'s (TSE:BLX) Popularity With Investors Is Clear
Apr 09Boralex (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 31Stability 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) | 1.9% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 5.9% |
| Industry Average (Renewable Energy) | 4.7% |
| Analyst forecast (BLX) (up to 3 years) | 1.9% |
Notable Dividend: BLX's dividend (1.9%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: BLX's dividend (1.9%) is low compared to the top 25% of dividend payers in the Canadian market (5.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.4%), BLX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.8%), BLX's dividend payments are well covered by cash flows.