Capital Power Co. (TSE:CPX – Get Free Report) announced a quarterly dividend on Tuesday, October 29th, Zacks reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.652 per share on Friday, January 31st. This represents a $2.61 annualized dividend and a yield of 4.80%. The ex-dividend date of this dividend is Tuesday, December 31st.
Capital Power Stock Up 7.7 %
TSE CPX opened at C$54.30 on Thursday. The business has a fifty day moving average price of C$47.81 and a two-hundred day moving average price of C$42.18. The stock has a market capitalization of C$7.06 billion, a PE ratio of 10.75, a PEG ratio of 0.91 and a beta of 0.64. The company has a debt-to-equity ratio of 133.46, a current ratio of 0.88 and a quick ratio of 0.55. Capital Power has a fifty-two week low of C$33.90 and a fifty-two week high of C$54.60.
Capital Power (TSE:CPX – Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The company reported C$0.51 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.63 by C($0.12). The company had revenue of C$774.00 million during the quarter. Capital Power had a net margin of 16.77% and a return on equity of 19.49%. Equities analysts expect that Capital Power will post 2.8197088 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
View Our Latest Analysis on CPX
Insider Transactions at Capital Power
In other news, Senior Officer Bryan Deneve sold 6,100 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of C$50.55, for a total transaction of C$308,355.00. Insiders sold a total of 6,400 shares of company stock worth $322,274 in the last quarter. Insiders own 0.17% of the company’s stock.
About Capital Power
Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.
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