Innergex Renewable Energy Inc T.INE

earnings key sentence

[Possibleidiot01]

"For the trailing twelve months ended March 31, 2024, the dividends on common shares declared by the Corporation amounted to 53% of Free Cash Flow ¹ , compared with 108% for the corresponding period last year, following Innergex updated capital allocation strategy prioritizing the funding of our growth ambitions."

[ecolo101]

Ha ha ha the admin cost and other costs and all the travelling and all the bla bla bla. And you generate 0 cash.....forget cutting the dividend in 2. and they are all happy about it. Really?... bagholders want some changes but not in 2030.... they will be out of business  nobody would like to buy them. Debt too high so we are paying them and they get the money. And share price is tanking&