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 yield4.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCA$0.660
Earnings per shareCA$0.92
Dividend yield forecast1.9%

Recent dividend updates

Recent updates

We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt

Sep 04
We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt

Returns Are Gaining Momentum At Boralex (TSE:BLX)

Jun 09
Returns Are Gaining Momentum At Boralex (TSE:BLX)

Boralex Inc.'s (TSE:BLX) Popularity With Investors Is Clear

Apr 09
Boralex Inc.'s (TSE:BLX) Popularity With Investors Is Clear

Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt

Feb 13
Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt

Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

Dec 02
Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

Here's Why Boralex (TSE:BLX) Is Weighed Down By Its Debt Load

Nov 02
Here's Why Boralex (TSE:BLX) Is Weighed Down By Its Debt Load

Returns At Boralex (TSE:BLX) Appear To Be Weighed Down

Aug 17
Returns At Boralex (TSE:BLX) Appear To Be Weighed Down

Is Boralex (TSE:BLX) A Risky Investment?

Aug 01
Is Boralex (TSE:BLX) A Risky Investment?

Industry Analysts Just Upgraded Their Boralex Inc. (TSE:BLX) Revenue Forecasts By 10%

May 11
Industry Analysts Just Upgraded Their Boralex Inc. (TSE:BLX) Revenue Forecasts By 10%

Boralex (TSE:BLX) Has A Somewhat Strained Balance Sheet

May 02
Boralex (TSE:BLX) Has A Somewhat Strained Balance Sheet

Boralex's (TSE:BLX) Returns On Capital Are Heading Higher

Apr 17
Boralex's (TSE:BLX) Returns On Capital Are Heading Higher

Calculating The Fair Value Of Boralex Inc. (TSE:BLX)

Mar 20
Calculating The Fair Value Of Boralex Inc. (TSE:BLX)

Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today

Feb 27
Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today

Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

Jan 27
Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

Jan 14
Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today

Nov 28
Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today

A Look At The Fair Value Of Boralex Inc. (TSE:BLX)

Nov 08
A Look At The Fair Value Of Boralex Inc. (TSE:BLX)

Returns Are Gaining Momentum At Boralex (TSE:BLX)

Oct 11
Returns Are Gaining Momentum At Boralex (TSE:BLX)

Boralex (TSE:BLX) Seems To Use Debt Quite Sensibly

Sep 29
Boralex (TSE:BLX) Seems To Use Debt Quite Sensibly

With EPS Growth And More, Boralex (TSE:BLX) Makes An Interesting Case

Aug 22
With EPS Growth And More, Boralex (TSE:BLX) Makes An Interesting Case

Calculating The Intrinsic Value Of Boralex Inc. (TSE:BLX)

Aug 08
Calculating The Intrinsic Value Of Boralex Inc. (TSE:BLX)

Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

Jul 07
Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt

Jun 15
Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt

Returns On Capital At Boralex (TSE:BLX) Have Stalled

Mar 06
Returns On Capital At Boralex (TSE:BLX) Have Stalled

Estimating The Fair Value Of Boralex Inc. (TSE:BLX)

Feb 03
Estimating The Fair Value Of Boralex Inc. (TSE:BLX)

Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

Dec 19
Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

Here's Why We Think Boralex (TSE:BLX) Is Well Worth Watching

Nov 19
Here's Why We Think Boralex (TSE:BLX) Is Well Worth Watching

Boralex (TSE:BLX) Will Want To Turn Around Its Return Trends

Nov 02
Boralex (TSE:BLX) Will Want To Turn Around Its Return Trends

We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt

Aug 31
We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt

Stability 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
How does BLX dividend yield compare to the market?
SegmentDividend 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.


Discover strong dividend paying companies