Forbes -
24 Sep 2013 20:33

On 9/26/13, Innergex Renewable Energy, Inc.'s Cumulative Rate Reset Preferred Shares, Series A (Toronto: INE-PRA) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 10/15/13. As a percentage of INE.PRA's recent share price of $20.00, this dividend works out to approximately 1.56%, so look for shares of INE.PRA to trade 1.56% lower -- all else being equal -- when INE.PRA shares open for trading on 9/26/13. On an annualized basis, the current yield is approximately 6.34%.
Share this Article
Comment on this Article
Please to comment