Solar Industries India Limited Stock Dividends
SOLARINDS.NS pays dividends yearly. Last paid amount was ₹8.00 at Jun 09, 2023. As of today, dividend yield (TTM) is 0.412%.
Dividend Yield Range
AI Analysis of SOLARINDS.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.412% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹8.00 |
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Solar Industries India Limited has not yet announced its next dividend date. Last payment date was: Jun 09, 2023.
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SOLARINDS Dividend Payout History
To ensure a understanding of SOLARINDS'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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 09, 2023 | Jun 09, 2023 | Jun 09, 2023 | ₹8.00 | 0.206% |
| 2 | Jun 08, 2023 | Jun 08, 2023 | Jun 08, 2023 | ₹8.00 | 0.206% |
| 3 | May 27, 2022 | May 27, 2022 | May 27, 2022 | ₹7.50 | 0.292% |
| 4 | Aug 18, 2021 | Aug 18, 2021 | Aug 18, 2021 | ₹6.00 | 0.354% |
| 5 | Sep 03, 2020 | Sep 03, 2020 | Sep 03, 2020 | ₹6.00 | 0.555% |
| 6 | May 09, 2019 | Jul 18, 2019 | Aug 23, 2019 | ₹7.00 | 0.651% |
| 7 | Jul 18, 2018 | Jul 18, 2018 | Jul 18, 2018 | ₹6.00 | 0.544% |
| 8 | May 29, 2017 | Aug 09, 2017 | Sep 20, 2017 | ₹3.00 | 0.320% |
| 9 | Feb 07, 2017 | Feb 20, 2017 | Mar 16, 2017 | ₹2.00 | 0.273% |
| 10 | Mar 04, 2016 | Mar 16, 2016 | Oct 01, 2016 | ₹2.70 | 0.415% |
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
Growth potential
SOLARINDS Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SOLARINDS 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 SOLARINDS stock here.
Comparing SOLARINDS to Sector and Country
SOLARINDS.NS pays a solid dividend yield of 0.412%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.200%). SOLARINDS.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the IN market (3.21%), which means that there are more attractive dividend stocks to consider.
