Polaris Renewable Energy Inc. (PIF) to Distribute Quarterly Dividend of $0.15 on August 21st

Polaris Renewable Energy Inc. (TSE:PIF) declared a quarterly dividend on Monday, August 10th, TickerTech Dividends reports. Investors of record on Friday, August 21st will be given a dividend of 0.15 per share on Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Monday, August 10th.

Polaris Renewable Energy Price Performance

Shares of PIF opened at C$15.23 on Friday. The firm has a 50-day simple moving average of C$15.01 and a 200-day simple moving average of C$13.33. Polaris Renewable Energy has a fifty-two week low of C$11.55 and a fifty-two week high of C$16.08. The company has a market capitalization of C$318.34 million, a price-to-earnings ratio of 80.16, a price-to-earnings-growth ratio of 3.28 and a beta of 0.55. The company has a debt-to-equity ratio of 93.21, a quick ratio of 1.64 and a current ratio of 4.75.

Polaris Renewable Energy (TSE:PIF) last released its quarterly earnings results on Thursday, July 30th. The company reported C($0.06) EPS for the quarter. The company had revenue of C$28.32 million for the quarter. Polaris Renewable Energy had a return on equity of 1.73% and a net margin of 5.34%. On average, equities research analysts anticipate that Polaris Renewable Energy will post 0.6481187 earnings per share for the current 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).