Solar Dividend
Dividend criteria checks 4/6
Solar is a dividend paying company with a current yield of 8.45%.
Key information
8.5%
Dividend yield
111%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | kr.26.97 |
Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SOLABC's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOLABC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Solar Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SOLABC) | 8.5% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Trade Distributors) | 2.0% |
Analyst forecast in 3 Years (SOLABC) | 6.7% |
Notable Dividend: SOLABC's dividend (8.45%) is higher than the bottom 25% of dividend payers in the UK market (2.02%).
High Dividend: SOLABC's dividend (8.45%) is in the top 25% of dividend payers in the UK market (5.59%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111.4%), SOLABC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.5%), SOLABC's dividend payments are well covered by cash flows.