Polaris Renewable Energy Inc. (PIF) to Issue Quarterly Dividend of $0.15 on November 20th

Polaris Renewable Energy Inc. (TSE:PIF) announced a quarterly dividend on Thursday, November 12th. Shareholders of record on Friday, November 20th will be paid a dividend of $0.15 per share on Friday, November 20th. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Thursday, November 12th.

Polaris Renewable Energy Trading Up 1.7%

TSE PIF opened at C$14.08 on Tuesday. The company has a debt-to-equity ratio of 93.21, a quick ratio of 1.64 and a current ratio of 4.75. The firm has a market cap of C$294.20 million, a price-to-earnings ratio of 74.11, a PEG ratio of 3.28 and a beta of 0.53. The firm has a 50 day simple moving average of C$13.80 and a 200-day simple moving average of C$13.56. Polaris Renewable Energy has a one year low of C$11.55 and a one year high of C$16.08.

Polaris Renewable Energy (TSE:PIF) last announced its earnings results on Thursday, November 5th. The company reported C($0.48) earnings per share for the quarter. The business had revenue of C$27.06 million for the quarter. Polaris Renewable Energy had a return on equity of 1.73% and a net margin of 5.34%. During the same quarter in the prior year, the firm posted ($0.02) earnings per share. Equities research analysts anticipate that Polaris Renewable Energy will post 0.65 EPS for the current fiscal year.

About Polaris Renewable Energy

Polaris Renewable Energy Inc is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company’s operations include a geothermal plant (82 MW), four run-of river hydroelectric plants (39 MW), three solar (photovoltaic) projects (35 MW) and an onshore wind farm (26 MW).