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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 9.00%.

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) 9.00%
Frequency
1Y Growth 199.27%
Payout Ratio 0
Amount Per Share $0.410
Next Ex-Dividend Date Jun 13, 2024
Next Payment Date Jun 27, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from SLRC the purchase should be done within the next 13 days.
Here's a simple guide on how to buy SLRC stock.

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
31 Nov 04, 2019 Dec 18, 2019 Jan 03, 2020 $0.410 1.99%
32 Aug 05, 2019 Sep 18, 2019 Oct 02, 2019 $0.410 2.05%
33 May 06, 2019 Jun 19, 2019 Jul 02, 2019 $0.410 2.00%
34 Feb 21, 2019 Mar 20, 2019 Apr 03, 2019 $0.410 1.91%
35 Nov 05, 2018 Dec 19, 2018 Jan 04, 2019 $0.410 2.08%
36 Aug 06, 2018 Sep 19, 2018 Oct 02, 2018 $0.410 1.91%
37 May 07, 2018 Jun 20, 2018 Jul 03, 2018 $0.410 1.97%
38 Nov 02, 2017 Mar 21, 2018 Apr 03, 2018 $0.410 2.02%
39 Nov 02, 2017 Dec 20, 2017 Jan 04, 2018 $0.400 1.99%
40 Aug 01, 2017 Sep 20, 2017 Oct 03, 2017 $0.400 1.85%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (68.62%)

Growth potential

Decrease likely (35.34%)

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 9.00%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.78%). 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 (11.05%), 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 579.158M $0.195 11.38% -319.52%
Solar Capital Ltd. 883.785M $0.410 9.00% 135.46%
Horizon Bancorp (IN) 530.272M $0.160 5.53% 119.36%
Community Trust Bancorp 756.555M $0.460 4.70% 42.11%
HarborOne Bancorp Inc 455.245M $0.0800 3.74% 80.09%
United Fire Group 578.264M $0.160 3.06% -95.74%
First Mid-Illinois Bancshares 751.539M $0.230 3.02% 28.94%
Great Southern Bancorp 599.099M - 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. The upcoming dividend Ex Date is Jun 13, 2024, with an amount of $0.410.

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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