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Renova Energia (BSP:RNEW11) Forward Dividend Yield % : 0.00% (As of Apr. 30, 2024)


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What is Renova Energia Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Renova Energia is 0.00%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Renova Energia is 0.00%.

BSP:RNEW11's Forward Dividend Yield % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.48
* Ranked among companies with meaningful Forward Dividend Yield % only.

Renova Energia's Dividends per Share for the three months ended in Dec. 2023 was R$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Renova Energia's Forward Dividend Yield %

For the Utilities - Renewable subindustry, Renova Energia's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Renova Energia's Forward Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Renova Energia's Forward Dividend Yield % falls into.



Renova Energia Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Renova Energia  (BSP:RNEW11) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Renova Energia Forward Dividend Yield % Related Terms

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Renova Energia (BSP:RNEW11) Business Description

Traded in Other Exchanges
Address
Av. Roque Petroni Júnior, Suite 999, 4th Floor, Sao Paulo, SP, BRA, 4571011
Renova Energia SA is a Brazilian energy company generating electric power from renewable sources, focusing on wind farms, small hydroelectric plants, and solar energy. The company is responsible for prospecting, developing, and implementing projects to generate power. The company is also involved in the power trading business. A majority of revenue is derived from a combination of wind and power trading, with a significantly smaller portion of revenue coming from both small hydroelectric plants and solar power. Renova generates the vast majority of its revenue in Brazil.

Renova Energia (BSP:RNEW11) Headlines

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