Boralex Inc.

Boralex Inc.verified

BLX.TO

Price:

$34.785

Market Cap:

$3.57B

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2021, the company had interests in 90 wind power stations with an installed capacity of 2,032 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; 12 solar power stations with an installed capacity of 244 MW; and one thermal power station with an installed capacity of 35 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.[Read more]

Industry

Renewable Utilities

IPO Date

1996-08-06

Stock Exchange

TSX

Ticker

BLX.TO

The Dividend Yield as of September 2024 (TTM) for Boralex Inc. (BLX.TO) is 1.90%

According to Boralex Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 1.90%. This represents a change of 256.49% compared to the average of 0.53% of the last 4 quarters.

Boralex Inc. (BLX.TO) Historical Dividend Yield (quarterly & annually)

How has BLX.TO Dividend Yield performed in the past?

The mean historical Dividend Yield of Boralex Inc. over the last ten years is 2.65%. The current 1.90% Dividend Yield has changed -28.42% with respect to the historical average. Over the past ten years (40 quarters), BLX.TO's Dividend Yield was at its highest in in the September 2015 quarter at 1.00%. The Dividend Yield was at its lowest in in the December 2020 quarter at 0.35%.

Quarterly (TTM)
Annual

Average

2.65%

Median

2.65%

Minimum

1.42%

Maximum

4.08%

Boralex Inc. (BLX.TO) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Boralex Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Dividend Yield = 4.08%

Minimum Annual Increase = -47.63%

Minimum Annual Dividend Yield = 1.42%

Quarterly (TTM)
Annual
YearDividend YieldChange
20231.96%18.78%
20221.65%-13.43%
20211.91%34.78%
20201.42%-47.63%
20192.71%-26.96%
20183.71%42.67%
20172.60%-9.89%
20162.88%-19.52%
20153.58%-12.20%
20144.08%Infinity%

Boralex Inc. (BLX.TO) Average Dividend Yield

How has BLX.TO Dividend Yield performed in the past?

The current Dividend Yield of Boralex Inc. (BLX.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.84%

5-year avg

1.93%

10-year avg

2.65%

Boralex Inc. (BLX.TO) Dividend Yield vs. Peers

How is BLX.TO’s Dividend Yield compared to its peers?

Boralex Inc.’s Dividend Yield is less than Innergex Renewable Energy Inc. (5.49%), less than Northland Power Inc. (5.27%), greater than TransAlta Renewables Inc. (0%), less than Capital Power Corporation (5.19%), less than Brookfield Renewable Partners L.P. (7.28%),

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