Polaris Infrastructure Inc (TSE:PIF) announced a quarterly dividend on Friday, August 16th, TickerTech reports. Stockholders of record on Friday, August 30th will be given a dividend of 0.15 per share on Friday, August 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date of this dividend is Friday, August 16th.
PIF stock opened at C$13.70 on Wednesday. The firm’s 50 day moving average is C$14.52. Polaris Infrastructure has a 12-month low of C$8.32 and a 12-month high of C$15.83. The company has a debt-to-equity ratio of 92.25, a quick ratio of 1.41 and a current ratio of 1.45. The firm has a market cap of $211.51 million and a P/E ratio of 15.21.
Separately, Raymond James reiterated an “outperform” rating and set a C$25.00 price target on shares of Polaris Infrastructure in a research report on Friday, August 9th.
Polaris Infrastructure Company Profile
Polaris Infrastructure Inc, a renewable energy company, acquires, explores, develops, and operates renewable energy projects in Latin America. The company, through its subsidiaries, owns and operates the San Jacinto project, a 72 megawatt (MW) net capacity geothermal facility located in northwest Nicaragua.
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