INGXF (Innergex Renewable Energy) Dividend Yield % : 5.61% (As of Dec. 15, 2024)

View and export this data going back to 2008. Start your Free Trial

What is Innergex Renewable Energy Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Innergex Renewable Energy is 5.61%.

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

INGXF' s Dividend Yield % Range Over the Past 10 Years
Min: 2.24 Med: 4.61 Max: 9.77
Current: 5.61

During the past 13 years, the highest Dividend Yield of Innergex Renewable Energy was 9.77%. The lowest was 2.24%. And the median was 4.61%.

INGXF's Dividend Yield % is ranked better than
64.94% of 251 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.82 vs INGXF: 5.61

Innergex Renewable Energy's Dividend Payout Ratio for the three months ended in Sep. 2024 was 3.30.

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.

As of today (2024-12-15), the Forward Dividend Yield % of Innergex Renewable Energy is 4.41%.

Innergex Renewable Energy's Dividends per Share for the three months ended in Sep. 2024 was $0.07.

During the past 12 months, Innergex Renewable Energy's average Dividends Per Share Growth Rate was -37.50% per year. 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Innergex Renewable Energy Dividend Yield % Historical Data

The historical data trend for Innergex Renewable Energy's Dividend Yield % 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 Yield % Chart

Innergex Renewable Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Get a 7-Day Free Trial

4.11

2.52

3.92

4.56

7.70

Innergex Renewable Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Yield %	Get a 7-Day Free Trial															7.17	7.70	7.87	5.33	4.31

Competitive Comparison of Innergex Renewable Energy's Dividend Yield %

For the Utilities - Renewable subindustry, Innergex Renewable Energy's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Utilities - Independent Power Producers Industry

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

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

Innergex Renewable Energy Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Innergex Renewable Energy Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
CAD 0.090000	2024-09-27	2024-09-30	2024-10-15	Cash Dividend	quarterly	CAD:USD 0.740138
CAD 0.090000	2024-06-28	2024-06-30	2024-07-15	Cash Dividend	quarterly	CAD:USD 0.730951
CAD 0.090000	2024-03-27	2024-03-28	2024-04-15	Cash Dividend	quarterly	CAD:USD 0.738242
CAD 0.180000	2023-12-28	2023-12-31	2024-01-15	Cash Dividend	quarterly	CAD:USD 0.754720

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Innergex Renewable Energy's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.33468939	/	5.90
	=	5.67 %

Current Share Price is $5.90.
Innergex Renewable Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.33468939.

Innergex Renewable Energy's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.26644968	/	5.90
	=	4.52 %

Current Share Price is $5.90.
Innergex Renewable Energy's Dividends per Share for the forward twelve months is calculated as $0.06661242 * 4 = $0.26644968.

Innergex Renewable Energy (OTCPK:INGXF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Innergex Renewable Energy Dividend Yield % Related Terms

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

Innergex Renewable Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Innergex Renewable Energy Inc (OTCPK:INGXF) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

3IX:Germany INE.PR.C.PFD:Canada INE.PR.A.PFD:Canada INE:Canada

Address

1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, CAN, J4K 0B9

Website

https://www.innergex.com

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.