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

Polaris Renewable Energy Inc. (TSE:PIF) announced a quarterly dividend on Thursday, May 14th, TickerTech Dividends reports. Investors 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 dividend yield of 4.8%. The ex-dividend date of this dividend is Thursday, May 14th.

Polaris Renewable Energy Stock Up 0.7%

PIF stock traded up C$0.09 during trading on Tuesday, reaching C$12.59. 54,485 shares of the company traded hands, compared to its average volume of 39,770. The business has a 50 day simple moving average of C$12.46 and a 200 day simple moving average of C$12.34. Polaris Renewable Energy has a 12 month low of C$11.40 and a 12 month high of C$14.20. The company has a debt-to-equity ratio of 91.92, a quick ratio of 1.64 and a current ratio of 4.90. The company has a market capitalization of C$263.07 million, a price-to-earnings ratio of -96.85, a price-to-earnings-growth ratio of 3.28 and a beta of 0.43.

Polaris Renewable Energy (TSE:PIF) last released its quarterly earnings results on Thursday, May 7th. The company reported C($0.04) EPS for the quarter. The firm 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%. On average, equities research analysts anticipate that Polaris Renewable Energy will post 0.6481187 earnings per share 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).