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Solar Industries India Limited Stock Dividends Overview

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

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.
AI Analysis of SOLARINDS.NS
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0.412%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹8.00
Solar Industries India Limited has not yet announced its next dividend date. Last payment date was: Jun 09, 2023.

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.


# Declaration Date Ex-Date Pay Date Amount Yield
21 Oct 29, 2010 Nov 11, 2010 Nov 28, 2010 ₹0.80 0.644%
22 May 24, 2010 Aug 11, 2010 Sep 22, 2010 ₹0.700 0.712%
23 Jan 27, 2010 Feb 17, 2010 Feb 26, 2010 ₹0.700 0.794%
24 Jun 29, 2009 Sep 08, 2009 Sep 22, 2009 ₹0.90 1.24%
25 Jun 18, 2008 Sep 10, 2008 Oct 01, 2008 ₹0.300 0.377%
26 Oct 11, 2007 Nov 01, 2007 Dec 01, 2007 ₹0.300 0.330%
27 Jun 27, 2007 Sep 12, 2007 Oct 01, 2007 ₹0.300 0.724%
28 May 30, 2006 Sep 18, 2006 Oct 05, 2006 ₹0.300 1.09%

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 (71.94%)

Growth potential

Increase likely (44.22%)

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 (3.38%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of SOLARINDS.NS's dividend payments?
The amount of SOLARINDS.NS'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 SOLARINDS.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from SOLARINDS.NS stock be automatically reinvested?
If SOLARINDS.NS 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 SOLARINDS.NS stock.

How often does SOLARINDS.NS pay dividend?
Solar Industries India Limited (SOLARINDS.NS) pays dividends yearly. The most recent payout was on Jun 09, 2023.

How much does SOLARINDS.NS pays per share?
The last recorder (Jun 09, 2023) dividend per share was ₹8.00.

What is SOLARINDS.NS dividend growth rate?
Over the last year, Solar Industries India Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 10.06%. Furthermore, examining the past 5 years, Solar Industries India Limited has maintained an average Dividends Per Share Growth Rate of 2.71%.
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About Solar Industries India Limited

Solar Industries India Limited Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as packaged and bulk explosives; and initiating systems, including electronic, non-electric, electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The c... SOLARINDS.NS Profile

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