Boralex Dividend
Dividend criteria checks 3/6
Boralex is a dividend paying company with a current yield of 2.29%.
Key information
2.3%
Dividend yield
212%
Payout ratio
Industry average yield | 8.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$0.31 |
Dividend yield forecast | 2.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BLX N's dividends per share have been stable in the past 10 years.
Growing Dividend: BLX N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Boralex Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BLX N) | 2.3% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 7.1% |
Industry Average (Renewable Energy) | 8.0% |
Analyst forecast (BLX N) (up to 3 years) | 2.4% |
Notable Dividend: BLX N's dividend (2.29%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: BLX N's dividend (2.29%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (212%), BLX N's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16%), BLX N's dividend payments are well covered by cash flows.