Pinnacle Renewable Energy Stock

Pinnacle Renewable Energy Dividend 2024

Pinnacle Renewable Energy Dividend

0 CAD

Pinnacle Renewable Energy Dividend yield

2.32 %

Ticker

PL.TO

ISIN

CA72349J1075

WKN

A2PBJ2

How much dividend does Pinnacle Renewable Energy 2024 pay?

According to the latest status from October 2024, Pinnacle Renewable Energy paid a total of 0 CAD per share in dividends within the last 12 months. With the current Pinnacle Renewable Energy price of 11.3 CAD, this corresponds to a dividend yield of 0 %. A dividend is paid times per year.

2.32 % Dividend Yield=
0.26 CAD Dividend
11.3 CAD Stock Price

Historical Pinnacle Renewable Energy Dividends

A dividend is paid times per year. Last year, the payout months were and .

PaydateDividend
12/19/20200.04
9/19/20200.04
6/21/20200.04
4/11/20200.15
12/21/20190.15
9/22/20190.15
6/16/20190.15
4/4/20190.15
12/13/20180.15
9/13/20180.15
6/10/20180.09
1

Pinnacle Renewable Energy dividend history and estimates

In 2023, Pinnacle Renewable Energy paid a dividend amounting to 0 CAD. Dividend means that Pinnacle Renewable Energy distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Pinnacle Renewable Energy provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Pinnacle Renewable Energy’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Pinnacle Renewable Energy's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Pinnacle Renewable Energy Dividend History

DatePinnacle Renewable Energy Dividend
2024e13.8 undefined
2023e-6.9 undefined
20200.26 undefined
20190.6 undefined
20180.39 undefined

Is the Pinnacle Renewable Energy Dividend Safe?

Pinnacle Renewable Energy has been increasing the dividend for 1 years.

Over the past 7 years, Pinnacle Renewable Energy has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Pinnacle Renewable Energy dividend payout ratio

In 2023, Pinnacle Renewable Energy had a payout ratio of 689.91%. The payout ratio indicates the percentage of the company's profits that Pinnacle Renewable Energy distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Pinnacle Renewable Energy represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Pinnacle Renewable Energy could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Pinnacle Renewable Energy's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Pinnacle Renewable Energy Payout Ratio History

DatePinnacle Renewable Energy Payout ratio
2024e689.91 %
2023e689.91 %
2022e689.91 %
2021e689.91 %
2020-173.71 %
2019-184.54 %
2018689.91 %
2017689.91 %
2016689.91 %
2015689.91 %
2014689.91 %

Dividend Details

Understanding Pinnacle Renewable Energy's Dividend Distributions

Pinnacle Renewable Energy’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Pinnacle Renewable Energy's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Pinnacle Renewable Energy's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Pinnacle Renewable Energy’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Pinnacle Renewable Energy Aktienanalyse

What does Pinnacle Renewable Energy do?

Pinnacle Renewable Energy Inc. is a Canadian company specializing in the production of high-quality and renewable fuels for the biomass industry. The company was founded in 1989 and is headquartered in British Columbia. Pinnacle is a leading producer of pellets in North America. The company is committed to responsible production, environmentally friendly technologies, and holds a leadership role in global markets. Pinnacle Renewable Energy's business model is to offer sustainable products derived from waste materials and renewable resources. This allows for the conservation of natural resources while providing an environmentally friendly alternative to conventional fuels. Pelletization is a sustainable process that minimizes waste in the production process and ensures minimal emissions. The company therefore works closely with the government to operate in line with environmental and sustainability regulations. Pinnacle Renewable Energy Inc. operates in three different areas: production, distribution, and trade. In the production sector, Pinnacle operates 11 production facilities in Canada and the USA, producing high-quality pellets from sawdust and other wood waste. The pellets are produced for industrial use, retail, and export. Pinnacle's distribution sector serves the North American market, providing professional logistics preparation and delivery of products. Through the use of a sophisticated and efficient logistics system, the high quality of the products can be protected. Pinnacle Renewable Energy's trade sector is responsible for exporting products to Europe and Asia. The company works with international partners to tailor and offer products to each respective market. Pinnacle supplies a variety of products used for industrial and commercial purposes. These include pellets for heat and energy generation, as well as wood chips for paper production and private use. These products are environmentally friendly, durable, and provide excellent energy efficiency. Pinnacle's products offer an effective solution for sustainable energy supply in building heating, industrial, and commercial buildings, making a significant contribution to reducing CO2 emissions in the atmosphere. In summary, Pinnacle Renewable Energy Inc. is a leading company in the production of pellets and renewable fuels. The company operates responsibly and upholds the highest quality and environmental standards. With their commitment to sustainable energy generation, Pinnacle Renewable Energy contributes significantly to reducing CO2 emissions and transitioning to renewable energy sources. The company has become an important player on the path to a sustainable future. Pinnacle Renewable Energy is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Pinnacle Renewable Energy stock

How much dividend does Pinnacle Renewable Energy pay?

Over the past 12 months, Pinnacle Renewable Energy paid a dividend of 0.26 CAD . This corresponds to a dividend yield of about 2.32 %. For the coming 12 months, Pinnacle Renewable Energy is expected to pay a dividend of 0 CAD.

What is the dividend yield of Pinnacle Renewable Energy?

The current dividend yield of Pinnacle Renewable Energy is 2.32 %.

When does Pinnacle Renewable Energy pay dividends?

Pinnacle Renewable Energy pays a quarterly dividend. This is distributed in the months of April, June, September, December.

How secure is the dividend of Pinnacle Renewable Energy?

Pinnacle Renewable Energy paid dividends every year for the past 1 years.

What is the dividend of Pinnacle Renewable Energy?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Pinnacle Renewable Energy located?

Pinnacle Renewable Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Pinnacle Renewable Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Pinnacle Renewable Energy from 12/3/2020 amounting to 0.038 CAD, you needed to have the stock in your portfolio before the ex-date on 11/19/2020.

When did Pinnacle Renewable Energy pay the last dividend?

The last dividend was paid out on 12/3/2020.

What was the dividend of Pinnacle Renewable Energy in the year 2023?

In the year 2023, Pinnacle Renewable Energy distributed 0 CAD as dividends.

In which currency does Pinnacle Renewable Energy pay out the dividend?

The dividends of Pinnacle Renewable Energy are distributed in CAD.

Andere Kennzahlen von Pinnacle Renewable Energy

Our stock analysis for Pinnacle Renewable Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Pinnacle Renewable Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.