Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc.verified

PIF.TO

Price:

$12.72

Market Cap:

$197.73M

Polaris Renewable Energy Inc. engages in the acquisition, development, and operation of renewable energy projects in Latin America. The company operates a 72 MW net geothermal facility in Nicaragua; and three run-of-river hydroelectric facilities in Peru with approximately 5 MW net, 8 MW net, and 20 MW net capacity. It also operates a solar project in the Dominican Republic with 32.6 MWdc. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is based in Toronto, Canada.[Read more]

Industry

Renewable Utilities

IPO Date

2007-01-19

Stock Exchange

TSX

Ticker

PIF.TO

The Dividend Yield as of September 2024 (TTM) for Polaris Renewable Energy Inc. (PIF.TO) is 6.45%

According to Polaris Renewable Energy Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 6.45%. This represents a change of 312.14% compared to the average of 1.56% of the last 4 quarters.

Polaris Renewable Energy Inc. (PIF.TO) Historical Dividend Yield (quarterly & annually)

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

The mean historical Dividend Yield of Polaris Renewable Energy Inc. over the last ten years is 4.10%. The current 6.45% Dividend Yield has changed 57.40% with respect to the historical average. Over the past ten years (40 quarters), PIF.TO's Dividend Yield was at its highest in in the September 2019 quarter at 4.51%. The Dividend Yield was at its lowest in in the September 2014 quarter at 0%.

Quarterly (TTM)
Annual

Average

4.10%

Median

4.22%

Minimum

0%

Maximum

7.55%

Polaris Renewable Energy Inc. (PIF.TO) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Polaris Renewable Energy 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 = 0%

Maximum Annual Dividend Yield = 7.55%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20236.01%-2.06%
20226.14%38.12%
20214.44%10.89%
20204.01%-37.08%
20196.37%-15.66%
20187.55%102.46%
20173.73%36.17%
20162.74%Infinity%
20150%0%
20140%0%

Polaris Renewable Energy Inc. (PIF.TO) Average Dividend Yield

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

The current Dividend Yield of Polaris Renewable Energy Inc. (PIF.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

5.53%

5-year avg

5.39%

10-year avg

4.10%

Polaris Renewable Energy Inc. (PIF.TO) Dividend Yield vs. Peers

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

Polaris Renewable Energy Inc.’s Dividend Yield is less than Innergex Renewable Energy Inc. (5.50%), less than Boralex Inc. (1.89%), less than Northland Power Inc. (5.29%), greater than Viemed Healthcare, Inc. (0%), greater than TransAlta Renewables Inc. (0%),

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