Solaris Oilfield Infrastructure is a dividend paying company with a current yield of 5.35% that is well covered by earnings. Next payment date is on 17th June, 2024 with an ex-dividend date of 7th June, 2024.
Key information
5.3%
Dividend yield
67%
Payout ratio
Industry average yield
3.8%
Next dividend pay date
17 Jun 24
Ex dividend date
07 Jun 24
Dividend per share
n/a
Earnings per share
€0.66
Dividend yield forecast in 3Y
5.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 68S has been paying a dividend for less than 10 years.
Growing Dividend: 68S's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Solaris Oilfield Infrastructure Dividend Yield vs Market
How does 68S dividend yield compare to the market?
Segment
Dividend Yield
Company (68S)
5.3%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Energy Services)
3.8%
Analyst forecast in 3 Years (68S)
5.3%
Notable Dividend: 68S's dividend (5.35%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: 68S's dividend (5.35%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.8%), 68S's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.3%), 68S's dividend payments are covered by cash flows.