Polaris Renewable Energy Dividend
Dividend criteria checks 3/6
Polaris Renewable Energy is a dividend paying company with a current yield of 6.68%.
Key information
6.7%
Dividend yield
110%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.54 |
| Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?
Sep 28
Polaris Renewable Energy (TSE:PIF) Has A Somewhat Strained Balance Sheet
May 10Here's Why Polaris Renewable Energy (TSE:PIF) Has A Meaningful Debt Burden
Jul 20Polaris Infrastructure's (TSE:PIF) Returns On Capital Not Reflecting Well On The Business
Apr 22We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Polaris Infrastructure Inc.'s (TSE:PIF) CEO For Now
Jun 20Is Polaris Infrastructure (TSE:PIF) A Risky Investment?
May 27Is There Now An Opportunity In Polaris Infrastructure Inc. (TSE:PIF)?
Mar 29Shareholders Of Polaris Infrastructure (TSE:PIF) Must Be Happy With Their 292% Total Return
Mar 03Here's Why I Think Polaris Infrastructure (TSE:PIF) Might Deserve Your Attention Today
Feb 10
Polaris Infrastructure Inc.'s (TSE:PIF) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 22Should You Rely On Polaris Infrastructure's (TSE:PIF) Earnings Growth?
Jan 07These 4 Measures Indicate That Polaris Infrastructure (TSE:PIF) Is Using Debt Extensively
Dec 21Our View On Polaris Infrastructure's (TSE:PIF) CEO Pay
Dec 08Can Polaris Infrastructure (TSE:PIF) Continue To Grow Its Returns On Capital?
Nov 23How Does Polaris Infrastructure's (TSE:PIF) CEO Pay Compare With Company Performance?
Jul 31Should You Think About Buying Polaris Infrastructure Inc. (TSE:PIF) Now?
Jul 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PIF has been paying a dividend for less than 10 years.
Growing Dividend: PIF's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Polaris Renewable Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PIF) | 6.7% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Renewable Energy) | 5.1% |
| Analyst forecast in 3 Years (PIF) | 6.7% |
Notable Dividend: PIF's dividend (6.68%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: PIF's dividend (6.68%) is in the top 25% of dividend payers in the Canadian market (6.5%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110%), PIF's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.5%), PIF's dividend payments are well covered by cash flows.