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Solar Capital Ltd. Stock Dividends Overview

SLRC pays dividends . Last paid amount was $0.410 at Mar 28, 2024. As of today, dividend yield (TTM) is 9.96%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 9.96%
Frequency
1Y Growth 199.27%
Payout Ratio 0
Amount Per Share $0.410
Solar Capital Ltd. has not yet announced its next dividend date. Last payment date was: Mar 28, 2024.

SLRC Dividend Payout History

To ensure a understanding of SLRC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 27, 2024 Mar 13, 2024 Mar 28, 2024 $0.410 2.67%
2 Nov 07, 2023 Dec 13, 2023 Dec 28, 2023 $0.410 2.69%
3 Sep 05, 2023 Sep 19, 2023 Sep 28, 2023 $0.137 0.89%
4 Aug 08, 2023 Aug 17, 2023 Aug 30, 2023 $0.137 0.89%
5 Jul 05, 2023 Jul 19, 2023 Aug 01, 2023 $0.137 0.90%
6 Jun 01, 2023 Jun 16, 2023 Jun 29, 2023 $0.137 0.96%
7 May 10, 2023 May 23, 2023 Jun 01, 2023 $0.137 0.97%
8 Apr 04, 2023 Apr 19, 2023 May 02, 2023 $0.137 0.97%
9 Feb 28, 2023 Mar 22, 2023 Jan 05, 2021 $0.137 0.777%
10 Feb 02, 2023 Feb 15, 2023 Mar 01, 2023 $0.137 0.90%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (85.00%)

Growth potential

Decrease likely (33.52%)

SLRC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from SLRC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in SLRC stock here.

Comparing SLRC to Sector and Country

SLRC pays a solid dividend yield of 9.96%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.85%). SLRC’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.

SLRC Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
CCD
Calamos Dynamic Convertible & Income Fund 588.446M $0.195 11.39% -319.52%
Solar Capital Ltd. 848.87M $0.410 9.96% 191.97%
Horizon Bancorp (IN) 547.42M $0.160 5.53% 89.51%
Community Trust Bancorp 781.923M $0.460 4.70% 31.44%
HarborOne Bancorp Inc 487.205M $0.0800 3.74% 58.35%
First Mid-Illinois Bancshares 778.32M $0.230 3.24% 21.15%
United Fire Group 596.544M $0.160 3.06% -54.42%
Great Southern Bancorp 611.107M - 2.24% 31.46%

FAQ

What factors can affect the amount of SLRC's dividend payments?
The amount of SLRC's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in SLRC sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from SLRC stock be automatically reinvested?
If SLRC offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy SLRC stock.

How often does SLRC pay dividend?
Solar Capital Ltd. (SLRC) pays dividends . The most recent payout was on Mar 28, 2024.

How much does SLRC pays per share?
The last recorder (Mar 13, 2024) dividend per share was $0.410.

What is SLRC dividend growth rate?
Over the last year, Solar Capital Ltd. has witnessed growth rate of 199.27% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Solar Capital Ltd. has maintained an average Dividends Per Share Growth Rate of 0%.
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About Solar Capital Ltd.

Solar Capital Ltd. SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automoti... SLRC Profile

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StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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