TSX:BLX

Boralex Inc. Class A Stock Dividends

Toronto Stock Exchange > Utilities > Utilities—Renewable

$29.89

+0.200 (+0.674%)

At Close: May 03, 2024

Boralex Inc. Class A Stock Dividends Overview

BLX.TO pays dividends quarterly. Last paid amount was $0.165 at Mar 15, 2024. As of today, dividend yield (TTM) is 2.00%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.

AI Analysis of BLX.TO

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Dividend Analysis

Key Stats

Dividend Yield (TTM)	2.00%
Frequency	Quarterly
1Y Growth	0%
Payout Ratio	0
Amount Per Share	$0.165
Boralex Inc. Class A has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.

BLX Dividend Payout History

To ensure a understanding of BLX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.

#	Declaration Date	Ex-Date	Pay Date	Amount	Yield
1	Feb 28, 2024	Feb 28, 2024	Mar 15, 2024	$0.165	0.573%
2	Nov 09, 2023	Nov 29, 2023	Dec 15, 2023	$0.165	0.483%
3	Aug 14, 2023	Aug 30, 2023	Sep 18, 2023	$0.165	0.499%
4	May 10, 2023	May 30, 2023	Jun 15, 2023	$0.165	0.442%
5	Feb 14, 2023	Feb 27, 2023	Mar 15, 2023	$0.165	0.430%
6	Nov 29, 2022	Nov 29, 2022	Nov 29, 2022	$0.165	0.447%
7	Aug 30, 2022	Aug 30, 2022	Sep 16, 2022	$0.165	0.355%
8	May 11, 2022	May 30, 2022	Jun 15, 2022	$0.165	0.400%
9	Feb 11, 2022	Feb 25, 2022	Mar 15, 2022	$0.165	0.421%
10	Nov 12, 2021	Nov 29, 2021	Dec 15, 2021	$0.165	0.493%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (70.95%)

Growth potential

Stable (5.59%)

BLX Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from BLX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in BLX stock here.

Comparing BLX to Sector and Country

BLX.TO pays a solid dividend yield of 2.00%, which is lower than the average of the bottom 25% of dividend payers in the CA market (2.01%). BLX.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the CA market (7.18%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of BLX.TO's dividend payments?

The amount of BLX.TO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in BLX.TO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from BLX.TO stock be automatically reinvested?

If BLX.TO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy BLX.TO stock.

How often does BLX.TO pay dividend?

Boralex Inc. Class A (BLX.TO) pays dividends quarterly. The most recent payout was on Mar 15, 2024.

How much does BLX.TO pays per share?

The last recorder (Feb 28, 2024) dividend per share was $0.165.

What is BLX.TO dividend growth rate?

Over the last year, Boralex Inc. Class A has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Boralex Inc. Class A has maintained an average Dividends Per Share Growth Rate of 0%.

About Boralex Inc. Class A

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2021, the company had interests in 90 wind power stations with an installed capacity of 2,032 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; 12 solar power stations with an installed capacity of 244 MW; and one t... BLX.TO Profile

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