ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

RNWH Renew Holdings Plc

908.00
-6.00 (-0.66%)
Last Updated: 08:55:24
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Renew Holdings Plc RNWH London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-6.00 -0.66% 908.00 08:55:24
Open Price Low Price High Price Close Price Previous Close
900.00 900.00 915.00 914.00
more quote information »
Industry Sector
CONSTRUCTION & MATERIALS

Renew RNWH Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
26/11/2024FinalGBP0.126706/02/202507/02/202514/03/2025
14/05/2024InterimGBP0.063306/06/202407/06/202410/07/2024
28/11/2023FinalGBP0.1208/02/202409/02/202408/03/2024
16/05/2023InterimGBP0.0608/06/202309/06/202312/07/2023
29/11/2022FinalGBP0.113309/02/202310/02/202303/03/2023
17/05/2022InterimGBP0.056709/06/202210/06/202213/07/2022
09/12/2021FinalGBP0.111727/01/202228/01/202204/03/2022
18/05/2021InterimGBP0.048317/06/202118/06/202115/07/2021
08/12/2020FinalGBP0.083328/01/202129/01/202105/03/2021
26/11/2019FinalGBP0.076730/01/202031/01/202006/03/2020

Top Dividend Posts

Top Posts
Posted at 07/1/2025 12:24 by wfcreserves
The CGT changes also do not help when the dividend yield is low.

The main advantage now is that visible future earnings are may be greater than other investment choices given the uncertainty over political concerns which affect trading operations worldwide?
Posted at 30/12/2024 12:22 by lammylover
RNWH share price is just being manipulated down on low volume, by ATs (funds using algo trading). They are trying to shake out loose shares at a cheap price by scaring private investors to sell. There's nothing wrong with RNWH; its probably one of the most solid companies out there and should continue to do well as Labour invests in infrastructure. The best bet is do nothing or add more and wait for the share price to recover going into results.
Posted at 16/12/2024 11:50 by rivaldo
Amati UK Smaller Companies have just issued their November factsheet.

They've been buying more RNWH as a "core holding", and RNWH has actually appeared in their top 10 holdings for (from memory) the first time as their ninth largest holding:
Posted at 12/12/2024 08:16 by rivaldo
Deutsche Bank have just picked RNWH as one of their top UK stock picks for 2025:



VANL specifically mention today only that up to October Rail has been "subdued...as the sector transitions from CP6 into CP7".

CP7 actually began in April 2024, so one would think the transition into the 5 year programme has now been well and truly completed if not soon, and should certainly pick up in RNWH's H1 to March.

In addition, I suspect RNWH have been EXTREMELY busy recently across the UK dealing with the unusually high number of severe storms which have regularly crippled rail services since the September year end.
Posted at 05/12/2024 14:48 by rivaldo
RNWH have specifically stated in prior results that their contracts are "cost plus" - i.e that it's well positioned to mitigate any such impact, “due to the nature of our variable, cost-plus contracts”.

IMO this is just the ebb and flow of the market. RNWH have always recovered in the past, and there's no reason why they shouldn't do so again given everything we know.
Posted at 26/11/2024 12:32 by julianlau
Record financial results with a 19.1% revenue growth to £1,057m and strong organic growth of 16.6%. Its order book remains robust at £889m, providing solid revenue visibility. Strategic acquisitions, including entry into the high-growth renewable energy sector, and an exit from non-core operations align with its focused growth strategy. A 5.6% dividend increase highlights confidence in future performance, underpinned by a strong balance sheet and government infrastructure commitments. The outlook is positive, with opportunities in renewables and energy transmission sectors driving long-term growth.

Recommendation: ;BUY, with consideration of long-term growth potential driven by infrastructure upgrades, renewables expansion, and a healthy financial position.

hxxps://wealthoracle.co.uk/detailed-result-full/RNWH/1017
Posted at 11/11/2024 14:14 by rivaldo
Nice review of RNWH in the IC's new AIM 100 for 2024 - RNWH come in at number 10. I can only access the start as follows:



"10. Renew Holdings

As we’ve seen in parts of North America, there comes a point when infrastructure spending moves from something that is desirable to something that is imperative. We may well have passed that point in the UK some time ago. And it’s this need to update the UK’s ailing road and rail networks that is supporting contract volumes at Renew Holdings (RNWH).

In a recent year-end trading update, the engineering services group confirmed that organic growth was being “underpinned by a robust order book which benefits from the UK's committed infrastructure spending programmes and clients’ long-term operating budgets”. The upshot is that revenue, operating profits and net cash are all expected to come in ahead of market consensus when the company reports figures for the year to 30 September next month.

etc"
Posted at 07/11/2024 09:52 by rivaldo
Cheers igoe104, reads well:

"Headquartered in South Lanarkshire, Scotland, this move represents a significant phase of growth for the company, which aims to enhance its service delivery and support future demand across the UK."

RNWH were also featured nicely in SCSW last weekend as one of their "Updates & Ideas", noting that the acquisition of Full Circle and the disposal of Walter Lilly were "two hugely margin-accretive developments".

There's an interesting section re Full Circle, noting that it's not subject to regulatory spending cycles, as it operates via non-discretionary "planned and reactive maintenance agreements with asset owners, who require minimal downtime for turbines", supported by recurring full-scope contracts with 7-year average contract lengths and 95% renewals.

SCSW conclude that RNWH is "a multi-stage rocket that looks almost certain to go even higher".
Posted at 03/9/2024 09:28 by rivaldo
Berenberg has stated that RNWH trade on a multiple of only around 14, and it has a 1250p target price. So plenty of current upside there.

A P/E of 14 is expensive for RNWH historically, but that was when the market had completely misunderstood RNWH's operating and risk-averse model. Things have changed.

I would venture that given this plus RNWH's involvement in a plethora of high-growth yet secure sectors like water, 5G, the electricity grid, nuclear decommissioning, rail electrification etc, it's possible for RNWH to re-rate to multiples of 17-20 given its almost immaculate recent track record and assuming it continues to perform and generate good cash flows.

This is supported by the likelihood of further earnings-enhancing acquisitions. It's worth noting that RNWH have already made three acquisitions in the last year.

Not long until the year end trading update (2nd October last year).
Posted at 18/12/2023 12:55 by wfcreserves
I'm sure we are all grateful for the rise in the share price

But as that Roland Head write up ended,

"I'm not likely to buy Renew Holdings while the dividend yield is so low. But I remain impressed by this business and believe it probably does have some degree of competitive advantage in its specialist niches – notably nuclear energy."

As the share price rises the dividend yield gets lower and will put off those who need income from their investment presumably those like Roland Head.

So my question would be how far can it go on the low dividend yield?