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

Key Points

• Boralex Inc. has declared a quarterly dividend of $0.17 per share, payable to investors of record on September 15th, with an annualized yield of 2.3%.
• The company's stock opened at C$29.10, and it has a market capitalization of C$3.03 billion, with a price-to-earnings ratio of 42.66.
• Boralex operates in the renewable energy sector, focusing on wind, hydroelectric, thermal, and solar power generation, primarily relying on wind power for its electricity production.

Boralex Inc. (TSE:BLX - Get Free Report) declared a quarterly dividend on Friday, August 29th, TickerTech Dividends reports. Investors of record on Monday, September 15th will be given a dividend of 0.165 per share on Monday, September 15th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 29th.

Boralex Price Performance

Boralex stock opened at C$29.10 on Friday. Boralex has a 52 week low of C$24.40 and a 52 week high of C$36.63. The business has a 50-day simple moving average of C$31.07 and a 200 day simple moving average of C$30.12. The company has a quick ratio of 1.54, a current ratio of 0.86 and a debt-to-equity ratio of 233.60. The stock has a market cap of C$3.03 billion, a price-to-earnings ratio of 42.66, a PEG ratio of 2.01 and a beta of 0.46.

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.

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