Boralex Inc. (TSE:BLX) Declares Quarterly Dividend of $0.17

Boralex Inc. (TSE:BLX) declared a quarterly dividend on Friday, November 28th, TickerTech Dividends reports. Stockholders of record on Monday, December 15th will be paid a dividend of 0.165 per share on Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, November 28th.

Boralex Stock Performance

TSE:BLX opened at C$24.73 on Friday. The company has a debt-to-equity ratio of 233.60, a quick ratio of 1.54 and a current ratio of 0.86. Boralex has a 52-week low of C$24.22 and a 52-week high of C$33.30. The firm has a market cap of C$2.54 billion, a price-to-earnings ratio of -112.41, a PEG ratio of 2.01 and a beta of 0.33. The business’s fifty day moving average is C$27.40 and its 200 day moving average is C$29.53.

Boralex (TSE:BLX) last issued its earnings results on Friday, November 7th. The company reported C($0.26) EPS for the quarter. The company had revenue of C$157.00 million during the quarter. Boralex had a return on equity of 4.29% and a net margin of 7.55%. Research analysts predict that Boralex will post 1.3383764 EPS for the current year.

Boralex Company Profile

Boralex Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex’s plants rely on wind power, while a significant number also employ hydroelectric power.