Dividends
DIVIDEND POLICY
REN's dividend policy is influenced by relevant factors at
the time of allocation of results. These include its distributable profits, its
financial situation and financing needs (capital expenditure, investment plan,
etc.), its business outlook or the conditions applicable to the pursuit of its
activities.
REN is delivering compelling returns to the holders of its
shares and maintaining a clear and sustainable dividend policy. From 2013 to
2021, the dividend paid was 17.1 cents per share once a year, typically 30 days
after the General Shareholders Meeting. In 2021, the company revised its dividend
policy for the period until 2024, implementing a bi-annual dividend
distribution policy, setting a minimum value of 15.4 cents per share.
For 2021, the General Shareholders Meeting approved the
payment of a dividend of 15.4 cents per share, proposed by REN's Board of
Directors.
In line
with the Company's strategic plan, the Board of Directors approved the payment
of dividends, as an advance on profits, in the amount of €0.064 per share. The
interim dividend relating to the financial year 2022 will be payable as from
the 23rd December 2022.
Dividend's evolution
For the year | Amount (€M) | Gross dividend per share | Pay-out ratio | Dividend Yield | Ex-Dividend Date | Payment Date | Type | Press release |
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2022 | 42.70 | €0.064 | 52% | 6.4% | 21DEC22 | 23DEC22 | Interium Dividend |
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2021 | 102.75 | €0.154 | 106% | 6.7% | 17MAY22 | 19MAY22 | Ordinary |
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2020 | 114.09 | €0.171 | 104% | 7.4% | 7MAY21 | 11MAY21 | Ordinary |
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2019 | 114.09 | €0.171 | 96% | 6.3% | 21MAY20 | 25MAY20 | Ordinary |
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2018 | 114.09 | €0.171 | 99% | 7.0% | 21MAY19 | 23MAY19 | Ordinary |
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2017 | 114.09 | €0.171 | 91% | 6.5% | 23MAI18 | 25MAI18 | Ordinary |
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2016 | 91.31 | €0.171 | 91% | 6.3% | 29MAY17 | 31MAY17 | Ordinary |
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2015 | 91.31 | €0.171 | 79% | 6.1% | 28APR16 | 02MAY16 | Ordinary |
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2014 | 91.31 | €0.171 | 81% | 7.1% | 11MAY15 | 13MAY15 | Ordinary |
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2013 | 91.31 | €0.171 | 75% | 7.6% | 25APR14 | 30APR14 | Ordinary |
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2012 | 90.78 | €0.170 | 73% | 8.3% | 22MAY13 | 27MAY13 | Ordinary |
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2011 | 90.25 | €0.169 | 75% | 8.0% | 17APR12 | 20APR12 | Ordinary |
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2010 | 89.71 | €0.168 | 81% | 6.5% | 09MAY11 | 12MAY11 | Ordinary |
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2009 | 89.18 | €0.167 | 67% | 5.6% | 08APR10 | 13APR10 | Ordinary |
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2008 | 88.11 | €0.165 | 69% | 5.8% | 22APR09 | 27APR09 | Ordinary |
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2007 | 87.04 | €0.163 | 60% | 4.5% | 23MAY08 | 28MAY08 | Ordinary |
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