Innergex Renewable Energy Dividends and Buybacks
Dividend criteria checks 1/6
Innergex Renewable Energy is a dividend paying company with a current yield of 4.46%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
4.5%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$0.360 |
| Payout ratio | -69% |
Recent dividend and buyback updates
Recent updates
Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky
Oct 15
Unpleasant Surprises Could Be In Store For Innergex Renewable Energy Inc.'s (TSE:INE) Shares
Sep 24Improved Revenues Required Before Innergex Renewable Energy Inc. (TSE:INE) Stock's 27% Jump Looks Justified
Jun 09These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way
May 08Cautious Investors Not Rewarding Innergex Renewable Energy Inc.'s (TSE:INE) Performance Completely
Feb 02A Look At The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)
Dec 08Here's Why Innergex Renewable Energy (TSE:INE) Is Weighed Down By Its Debt Load
Sep 25Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Sep 07Innergex Renewable Energy (TSE:INE) Has No Shortage Of Debt
Jun 13Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Feb 02Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky
Jan 11Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky
Oct 10A Look At The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Sep 19These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way
Jun 10Calculating The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)
May 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: INE's dividend payments have been volatile in the past 10 years.
Growing Dividend: INE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Innergex Renewable Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INE) | 4.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Renewable Energy) | 4.8% |
| Analyst forecast (INE) (up to 3 years) | 4.5% |
Notable Dividend: INE's dividend (4.46%) is higher than the bottom 25% of dividend payers in the Canadian market (1.79%).
High Dividend: INE's dividend (4.46%) is low compared to the top 25% of dividend payers in the Canadian market (6.38%).
Earnings Payout to Shareholders
Earnings Coverage: INE is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: INE is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 07:04 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Innergex Renewable Energy Inc. is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Westby | ATB Capital Markets |
| Benjamin Pham | BMO Capital Markets Equity Research |
| David Galison | Canaccord Genuity |