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ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through Wind Power and Solar Power segments. It develops, builds, owns, and operates utility scale wind and solar energy projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company also provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. As of March 31, 2022, its portfolio consisted of 10.69 GW of wind and solar energy projects, hydro, firm power projects, and distributed solar energy projects, of which 7.57 GW projects were commissioned and 3.12 GW were committed. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

ReNew Energy Global Dividend Announcement

• ReNew Energy Global does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on ReNew Energy Global dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

ReNew Energy Global Dividend History

ReNew Energy Global Dividend Yield

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

ReNew Energy Global Financial Ratios

P/E ratio209.93
PEG ratio0.03
P/B ratio3.70
ROE1.86%
Payout ratio0.00%
Current ratio0.65
Quick ratio0.64
Cash Ratio0.11

ReNew Energy Global Dividend FAQ

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