Polaris Renewable Energy Inc. Declares Quarterly Dividend of $0.15 (TSE:PIF)

Polaris Renewable Energy Inc. (TSE:PIF) declared a quarterly dividend on Tuesday, February 17th, TickerTech Dividends reports. Stockholders of record on Friday, February 27th will be paid a dividend of 0.15 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is Tuesday, February 17th.

Polaris Renewable Energy Stock Performance

Shares of TSE PIF opened at C$12.38 on Friday. The stock’s 50-day moving average is C$12.12 and its 200 day moving average is C$12.63. The stock has a market cap of C$259.78 million, a price-to-earnings ratio of -22.93, a P/E/G ratio of 3.28 and a beta of 0.60. Polaris Renewable Energy has a 1-year low of C$10.70 and a 1-year high of C$14.20. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 57.48.

Polaris Renewable Energy (TSE:PIF) last issued its earnings results on Thursday, October 30th. The company reported C($0.02) earnings per share (EPS) for the quarter. The firm had revenue of C$26.51 million during the quarter. Polaris Renewable Energy had a return on equity of 2.68% and a net margin of 9.49%. On average, sell-side analysts anticipate that Polaris Renewable Energy will post 0.6481187 EPS for the current fiscal year.

About Polaris Renewable Energy

Polaris Infrastructure Inc is engaged in the acquisition, exploration, development and operation of geothermal and hydroelectric energy projects. The company, through its subsidiaries, owns and operates a 72-megawatt capacity geothermal facility (the San Jacinto Project), located in northwest Nicaragua.