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Innergex Renewable Energy (Innergex Renewable Energy) Dividend Payout Ratio : 7.44 (As of Dec. 2023)


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What is Innergex Renewable Energy Dividend Payout Ratio?

Innergex Renewable Energy's dividend payout ratio for the months ended in Dec. 2023 was 7.44.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Innergex Renewable Energy Inc is 8.67, which seems too high.

The historical rank and industry rank for Innergex Renewable Energy's Dividend Payout Ratio or its related term are showing as below:

INGXF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.96   Max: 18
Current: 8.61


During the past 13 years, the highest Dividend Payout Ratio of Innergex Renewable Energy was 18.00. The lowest was 1.57. And the median was 2.96.

INGXF's Dividend Payout Ratio is ranked worse than
98.45% of 193 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.39 vs INGXF: 8.61

As of today (2024-05-06), the Dividend Yield % of Innergex Renewable Energy is 7.35%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Innergex Renewable Energy was 9.77%. The lowest was 2.24%. And the median was 4.75%.

Innergex Renewable Energy's Dividends per Share for the months ended in Dec. 2023 was $0.13.

During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Innergex Renewable Energy was 3.30% per year. The lowest was -16.60% per year. And the median was 1.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Innergex Renewable Energy Dividend Payout Ratio Historical Data

The historical data trend for Innergex Renewable Energy's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Innergex Renewable Energy Dividend Payout Ratio Chart

Innergex Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.31 9.82 17.90

Innergex Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 10.39 1.57 7.44

Competitive Comparison of Innergex Renewable Energy's Dividend Payout Ratio

For the Utilities - Renewable subindustry, Innergex Renewable Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innergex Renewable Energy's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Innergex Renewable Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Innergex Renewable Energy's Dividend Payout Ratio falls into.



Innergex Renewable Energy Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Innergex Renewable Energy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.537/ 0.03
=17.90

Innergex Renewable Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.134/ 0.018
=7.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Innergex Renewable Energy (OTCPK:INGXF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Innergex Renewable Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Innergex Renewable Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Innergex Renewable Energy (Innergex Renewable Energy) Business Description

Address
1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, CAN, J4K 0B9
Innergex Renewable Energy Inc is an independent Canadian renewable power producer. It develops, acquires, owns, and operates hydroelectric, wind, and solar facilities in Canada, the United States, France, and Chile. Most of the energy that the company generates comes from its hydroelectric facilities. Innergex Renewable Energy primarily generates revenue through the sale of electricity from its hydroelectric sites. The company's wind farms also generate substantial amounts of energy and revenue.

Innergex Renewable Energy (Innergex Renewable Energy) Headlines