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Bullboard - Stock Discussion Forum Innergex Renewable Energy Inc T.INE.P.C


Primary Symbol: T.INE Alternate Symbol(s):  T.INE.P.A | INGXF | T.INE.DB.B | T.INE.DB.C

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates renewable power-generating facilities with a focus on hydroelectric, wind and solar production as well as energy storage technologies. The Company produces and sells electricity generated by its hydroelectric, wind and solar facilities to publicly owned... see more

TSX:INE - Post Discussion

Innergex Renewable Energy Inc > dividend cut coming?
View:
Post by incomedreamer11 on Nov 09, 2021 4:50pm

dividend cut coming?

After Q3 results,looks like they still pay more then cash flow,

payout is elevated more than 130%

and next year they will spend more for capex.

What is the option to keep this dividend, issue more shares ?
Comment by STOCKWIZ on Nov 09, 2021 8:14pm
My understanding from the research reports back in August is that the recent acquisitions will contribute enough profit to bring the payout ratio under 100%.
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