Innergex Renewable Energy Dividends and Buybacks
Dividend criteria checks 1/6
Innergex Renewable Energy is a dividend paying company with a current yield of 4.33%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
4.3%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | €0.360 |
| Payout ratio | -69% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3IX's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3IX'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 (3IX) | 4.3% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Renewable Energy) | 4.0% |
| Analyst forecast (3IX) (up to 3 years) | 4.3% |
Notable Dividend: 3IX's dividend (4.33%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 3IX's dividend (4.33%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: 3IX is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 3IX is paying a dividend but the company has no free cash flows.