Innergex Renewable Energy Inc (OTCMKTS:INGXF) announced a quarterly dividend on Tuesday, May 14th, Zacks reports. Shareholders of record on Friday, June 28th will be paid a dividend of 0.131 per share on Monday, July 15th. This represents a $0.52 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date is Thursday, June 27th.

Shares of INGXF stock opened at $10.71 on Wednesday. Innergex Renewable Energy has a 52-week low of $8.21 and a 52-week high of $11.19. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 5.43. The stock has a 50-day moving average price of $10.46. The company has a market cap of $1.43 billion, a P/E ratio of 97.36 and a beta of 0.70.

Innergex Renewable Energy (OTCMKTS:INGXF) last released its earnings results on Tuesday, May 14th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $95.09 million during the quarter. Innergex Renewable Energy had a net margin of 5.78% and a return on equity of 2.80%.

Separately, ValuEngine upgraded shares of Innergex Renewable Energy from a “hold” rating to a “buy” rating in a research note on Monday, May 20th.

About Innergex Renewable Energy

Innergex Renewable Energy, Inc engages in the development, acquisition, and operations of run-of-river hydroelectric facilities, wind farms, solar photovoltaic farms, and geothermal power generation plants. It operates through the following segments: Hydroelectric Generation, Wind Power Generation, Solar Power Generation, and Site Development.

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Dividend History for Innergex Renewable Energy (OTCMKTS:INGXF)

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