Innergex Renewable Energy Inc. Cumulative Rate Reset Preferred Shares Series A (INE.PR.A)

Innergex Renewable Energy Inc. Cumulative Rate Reset Preferred Shares Series A (INE.PR.A $25.34)
- $25.34 P/E (TTM): 72.32X Cap: $2.79B
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Innergex Renewable Energy Inc. (INE $13.74)
- $13.74 P/E (TTM): 72.32X Cap: $2.79B
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Innergex Renewable Energy Inc. Cumulative Rate Reset Preferred Shares Series A (INE.PR.A $25.34)
- $25.34 P/E (TTM): 72.32X Cap: $2.79B
- View INE.PR.A Profile
- View Questions on INE.PR.A

Q: I am a 70-year old retiree interested in purchasing INE.PR.A as a long term investment for income. I am more interested in preserving capital than capital gains. Although this security is rated only “4h” by the rating agencies, Innergex would seem to have good business prospects and sufficient cash flow to continue paying dividends on their preferred shares. What do you think?

Read Answer Asked by David on August 28, 2023