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Borosil Renewables Limited engages in the manufacture and sale of flat glass products in India and internationally. The company offers low iron solar glass for various applications in photovoltaic (PV) panels, flat plate collectors, and greenhouses. It also offers Selene, an anti-glare solar glass suitable for PV installations near airports; and anti-soiling and antireflective coating solar glass. The company was formerly known as Borosil Glass Works Limited and changed its name to Borosil Renewables Limited in February 2020. Borosil Renewables Limited was incorporated in 1962 and is based in Mumbai, India.

Borosil Renewables Dividend Announcement

Borosil Renewables announced a annually dividend of ₹0.65 per ordinary share which will be made payable on 2020-01-25. Ex dividend date: 2019-12-18
Borosil Renewables's trailing twelve-month (TTM) dividend yield is -%

Borosil Renewables Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-12-18₹0.65annually2020-01-25
2018-07-11₹2.50annually2018-08-23

Borosil Renewables Dividend per year

Borosil Renewables Dividend Yield

Borosil Renewables current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Borosil Renewables stock? Use our calculator to estimate your expected dividend yield:

Borosil Renewables Financial Ratios

P/E ratio-112.25
PEG ratio-1.12
P/B ratio6.48
ROE-5.63%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Borosil Renewables Dividend FAQ

Does Borosil Renewables stock pay dividends?
Borosil Renewables does not currently pay dividends to its shareholders.
Has Borosil Renewables ever paid a dividend?
No, Borosil Renewables has no a history of paying dividends to its shareholders. Borosil Renewables is not known for its dividend payments.
Why doesn't Borosil Renewables pay dividends?
There are several potential reasons why Borosil Renewables would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Borosil Renewables ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Borosil Renewables has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Borosil Renewables a dividend aristocrat?
Borosil Renewables is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Borosil Renewables a dividend king?
Borosil Renewables is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Borosil Renewables a dividend stock?
No, Borosil Renewables is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Borosil Renewables stocks?
To buy Borosil Renewables you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Borosil Renewables stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.