Polaris Renewable Energy Declares Quarterly Dividend
Polaris Renewable Energy (TSX:PIF) has announced a quarterly dividend declaration of US$0.15 per common share. The dividend will be paid on February 28th to shareholders of record as of February 17th. The company confirms this is an 'eligible dividend' for Canadian tax purposes. The board of directors has expressed their commitment to maintaining quarterly dividend payments and will consider potential increases in the future.
Polaris Renewable Energy (TSX:PIF) ha annunciato la dichiarazione di un dividendo trimestrale di US$0,15 per azione ordinaria. Il dividendo sarà corrisposto il 28 febbraio agli azionisti registrati al 17 febbraio. L'azienda conferma che si tratta di un 'dividendo idoneo' ai fini fiscali canadesi. Il consiglio di amministrazione ha espresso il proprio impegno a mantenere i pagamenti trimestrali dei dividendi e considererà aumenti potenziali in futuro.
Polaris Renewable Energy (TSX:PIF) ha anunciado la declaración de un dividendo trimestral de US$0.15 por acción ordinaria. El dividendo se pagará el 28 de febrero a los accionistas registrados hasta el 17 de febrero. La compañía confirma que este es un 'dividendo elegible' para fines fiscales canadienses. La junta directiva ha expresado su compromiso de mantener los pagos trimestrales de dividendos y considerará posibles aumentos en el futuro.
폴라리스 재생 가능 에너지 (TSX:PIF)는 주당 0.15달러의 분기 배당금 선언을 발표했습니다. 배당금은 2월 28일에 2월 17일 기준 주주에게 지급됩니다. 이 회사는 이것이 캐나다 세금 목적을 위한 '유자격 배당'임을 확인합니다. 이사회의는 분기별 배당금 지급을 유지하겠다는 공약을 표명하였으며, 향후 가능한 인상도 고려할 것입니다.
Polaris Renewable Energy (TSX:PIF) a annoncé une déclaration de dividende trimestriel de 0,15 USD par action ordinaire. Le dividende sera versé le 28 février aux actionnaires figurant au registre au 17 février. La société confirme qu'il s'agit d'un 'dividende éligible' à des fins fiscales canadiennes. Le conseil d'administration a exprimé son engagement à maintenir les paiements trimestriels de dividendes et envisagera des augmentations potentielles à l'avenir.
Polaris Renewable Energy (TSX:PIF) hat die Erklärung einer vierteljährlichen Dividende von 0,15 US-Dollar pro Stammaktie angekündigt. Die Dividende wird am 28. Februar an Aktionäre ausgezahlt, die am 17. Februar im Register stehen. Das Unternehmen bestätigt, dass es sich um eine 'berechtigte Dividende' für kanadische Steuerzwecke handelt. Der Vorstand hat sein Commitment zur Aufrechterhaltung der vierteljährlichen Dividendenzahlungen bekundet und wird zukünftige Erhöhungen in Betracht ziehen.
- Consistent quarterly dividend payment maintained at US$0.15 per share
- Board's commitment to ongoing dividend payments
- Potential for future dividend increases indicated
- None.
TORONTO, ON / ACCESS Newswire / February 5, 2025 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to announce that its board of directors has declared a quarterly dividend of US
This dividend will be paid on February 28th to shareholders of record at the close of business on February 17th. The dividend is an "eligible dividend" as designated for Canadian federal, provincial, and territorial income tax purposes.
The board of directors of Polaris Renewable Energy remains committed to paying a quarterly dividend and will evaluate further dividend increases, as appropriate, going forward.
About Polaris Renewable Energy Inc.
Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition.
The Company's operations include a geothermal plant (~82 MW), four run-of river hydroelectric plants (~40 MW), three solar (photovoltaic) projects in operation (~35 MW) and one wind park (26 MW) following closing of the Puerto Rico acquisition.
For more information, contact:
Investor Relations
Polaris Renewable Energy Inc.
Phone: +1 647-245-7199
Email: info@PolarisREI.com
Cautionary Statements
This press release contains certain "forward-looking information" which may include, but is not limited to, statements with respect to future events or future performance, the expected use of proceeds or rating(s) of any such issuance, the Company's acquisition and other investment plans, any benefits to the Company's financial or business performance, the settlement date of the bonds and the listing of the bonds on the Oslo Alternative Bond Market. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. Such factors include, among others, the ability of the Company to satisfy any interest payments, which may be affected by such factors as general business, economic, competitive, political and social uncertainties; the actual results of current geothermal, solar and hydro energy production, development and/or exploration activities and the accuracy of probability simulations prepared to predict prospective geothermal resources; changes in project parameters as plans continue to be refined; possible variations of production rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the geothermal and hydro power industries; political instability or insurrection or war; labour force availability and turnover; delays in obtaining governmental approvals or in the completion of development or construction activities, or in the commencement of operations; the ability of the Company to continue as a going concern and general economic conditions, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Annual Information Form. These factors should be considered carefully and readers of this press release should not place undue reliance on forward-looking information.
Although the forward-looking information contained in this press release is based upon what management believes to be reasonable assumptions, there can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The information in this press release, including such forward-looking information, is made as of the date of this press release and, other than as required by applicable securities laws, Polaris assumes no obligation to update or revise such information to reflect new events or circumstances.
SOURCE: Polaris Renewable Energy Inc.
View the original press release on ACCESS Newswire
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