Polaris Infrastructure Inc (TSE:PIF) Raises Dividend to $0.14 Per Share

Polaris Infrastructure Inc (TSE:PIF) declared a quarterly dividend on Tuesday, August 15th, TickerTech reports. Shareholders of record on Monday, August 28th will be paid a dividend of 0.14 per share on Monday, August 28th. This represents a $0.56 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date of this dividend is Tuesday, August 15th. This is a boost from Polaris Infrastructure’s previous quarterly dividend of $0.12.

Shares of Polaris Infrastructure (TSE PIF) traded down 0.17% on Thursday, hitting $17.65. 5,220 shares of the stock traded hands. The firm’s market cap is $276.63 million. Polaris Infrastructure has a 52-week low of $9.30 and a 52-week high of $18.59. The firm has a 50 day moving average price of $16.78 and a 200 day moving average price of $15.71.

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Separately, Raymond James Financial, Inc. reissued an “outperform” rating and set a C$25.00 target price on shares of Polaris Infrastructure in a research report on Thursday, May 4th.

Dividend History for Polaris Infrastructure (TSE:PIF)

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