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

Alternate Symbol(s):  INGXF | T.INE.PR.A | T.INE.PR.C | 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 hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and... 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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