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Reliance Power Limited, together with its subsidiaries, engages in the generation of power in India. Its portfolio of power projects is based on coal, gas, hydro, wind, and solar energy. The company has an operational power generation capacity of 399 GW. It owns and operates 1,200 MW Rosa power plant in Uttar Pradesh; Sasan ultra mega power plant with capacity of 3,960 MW in Madhya Pradesh; Vashpet power plant with capacity of 45 MW in Maharashtra; Dhursar solar power plant with capacity of 40 MW in Rajasthan; Solar CSP power plant 100 MW in Rajasthan; and Butibori power plant with capacity of 600 MW in Maharashtra. The company also develops and constructs coal mines in India and Indonesia. In addition, it has an interest in four coal bed methane blocks. The company was incorporated in 1995 and is based in Mumbai, India.

Reliance Power Dividend Announcement

Reliance Power announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2015-12-09. Ex dividend date: 2015-11-19
Reliance Power's trailing twelve-month (TTM) dividend yield is -%

Reliance Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-11-19₹1.00annually2015-12-09

Reliance Power Dividend per year

Reliance Power Dividend Yield

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

Reliance Power Financial Ratios

P/E ratio15.30
PEG ratio-12.27
P/B ratio1.32
ROE9.86%
Payout ratio0.00%
Current ratio0.33
Quick ratio0.27
Cash Ratio0.02

Reliance Power Dividend FAQ

Does Reliance Power stock pay dividends?
Reliance Power does not currently pay dividends to its shareholders.
Has Reliance Power ever paid a dividend?
No, Reliance Power has no a history of paying dividends to its shareholders. Reliance Power is not known for its dividend payments.
Why doesn't Reliance Power pay dividends?
There are several potential reasons why Reliance Power 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 Reliance Power 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 Reliance Power 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 Reliance Power a dividend aristocrat?
Reliance Power 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 Reliance Power a dividend king?
Reliance Power 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 Reliance Power a dividend stock?
No, Reliance Power 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 Reliance Power stocks?
To buy Reliance Power 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 Reliance Power 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.