Innergex Renewable Energy About To Put More Money In Your Pocket (INE)

On 9/26/14, Innergex Renewable Energy, Inc. (TSX: INE.TO) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 10/15/14. As a percentage of INE's recent stock price of $10.40, this dividend works out to approximately 1.44%, so look for shares of Innergex Renewable Energy, Inc. to trade 1.44% lower — all else being equal — when INE shares open for trading on 9/26/14.

Below is a dividend history chart for INE, showing historical dividends prior to the most recent $0.15 declared by Innergex Renewable Energy, Inc.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from INE is likely to continue, and whether the current estimated yield of 5.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of INE shares, versus its 200 day moving average:

Innergex Renewable Energy, Inc. 200 Day Moving Average Chart

Looking at the chart above, INE's low point in its 52 week range is $8.51 per share, with $11.43 as the 52 week high point — that compares with a last trade of $10.40.

In Wednesday trading, Innergex Renewable Energy, Inc. shares are currently off about 0.2% on the day.

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