Polaris Renewable Energy Inc. (TSE:PIF) Plans Quarterly Dividend of $0.15

Polaris Renewable Energy Inc. (TSE:PIF) announced a quarterly dividend on Thursday, May 14th, TickerTech Dividends reports. Shareholders of record on Friday, May 22nd will be paid a dividend of 0.15 per share on Friday, May 22nd. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Thursday, May 14th.

Polaris Renewable Energy Stock Up 0.7%

Shares of TSE PIF traded up C$0.09 during midday trading on Tuesday, hitting C$12.59. The stock had a trading volume of 54,485 shares, compared to its average volume of 39,770. The business’s 50 day moving average is C$12.46 and its 200-day moving average is C$12.34. The company has a market cap of C$263.07 million, a P/E ratio of -96.85, a PEG ratio of 3.28 and a beta of 0.43. Polaris Renewable Energy has a 52 week low of C$11.40 and a 52 week high of C$14.20. The company has a quick ratio of 1.64, a current ratio of 4.90 and a debt-to-equity ratio of 91.92.

Polaris Renewable Energy (TSE:PIF) last issued its quarterly earnings data on Thursday, May 7th. The company reported C($0.04) earnings per share for the quarter. The company had revenue of C$27.48 million for the quarter. Polaris Renewable Energy had a net margin of 9.00% and a return on equity of 2.96%. As a group, analysts predict that Polaris Renewable Energy will post 0.6481187 EPS for the current year.

Polaris Renewable Energy Company Profile

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).