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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-12-18 | ₹0.65 | annually | 2020-01-25 |
2018-07-11 | ₹2.50 | annually | 2018-08-23 |
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
Borosil Renewables Dividend FAQ
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.
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