Polaris Renewable Energy Dividends and Buybacks
Dividend criteria checks 3/6
Polaris Renewable Energy is a dividend paying company with a current yield of 6.54%.
Key information
6.5%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 6.5% |
| Dividend Growth | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.600 |
| Payout ratio | 176% |
Recent dividend and buyback updates
Recent updates
Polaris Renewable Energy's (TSE:PIF) Anemic Earnings Might Be Worse Than You Think
Nov 07
Is Polaris Renewable Energy Inc. (TSE:PIF) Trading At A 23% Discount?
May 30At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?
Sep 28Polaris 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 23Stability 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 9 years.
Dividend Yield vs Market
| Polaris Renewable Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PIF) | 6.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Renewable Energy) | 4.9% |
| Analyst forecast (PIF) (up to 3 years) | 6.5% |
Notable Dividend: PIF's dividend (6.54%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).
High Dividend: PIF's dividend (6.54%) is in the top 25% of dividend payers in the Canadian market (6.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (176%), PIF's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.4%), PIF's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 16:58 |
| End of Day Share Price | 2025/01/09 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 |
|
* 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
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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
Polaris Renewable Energy Inc. is covered by 12 analysts. 6 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 |
|---|---|
| Kirk Wilson | Beacon Securities Limited |
| Ahmad Shaath | Beacon Securities Limited |
| David Galison | Canaccord Genuity |