Innergex Renewable Energy Inc. Plans Dividend of $0.07 (OTCMKTS:INGXF)

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) announced a dividend on Thursday, March 21st, investing.com reports. Shareholders of record on Thursday, March 28th will be given a dividend of 0.0666 per share on Monday, April 15th. This represents a yield of 4.52%. The ex-dividend date of this dividend is Wednesday, March 27th.

Innergex Renewable Energy Stock Performance

Shares of OTCMKTS INGXF traded down $0.16 during midday trading on Tuesday, hitting $5.71. The stock had a trading volume of 32,448 shares, compared to its average volume of 83,958. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 4.66. The business’s 50 day moving average is $6.19 and its 200-day moving average is $6.84. Innergex Renewable Energy has a 52 week low of $5.26 and a 52 week high of $11.30.

Innergex Renewable Energy (OTCMKTS:INGXF) last posted its earnings results on Wednesday, February 21st. The company reported ($0.03) EPS for the quarter. The business had revenue of $192.12 million during the quarter. Innergex Renewable Energy had a negative return on equity of 0.09% and a negative net margin of 10.43%.

About Innergex Renewable Energy

Innergex Renewable Energy Inc operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation.