Solid State Dividend
Dividend criteria checks 3/6
Solid State plc is a dividend paying company with a current yield of 1.5% that is well covered by earnings.
Key information
1.5%
Dividend yield
42%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.20 |
| Earnings per share | UK£0.37 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
No updates
Recent updates
Solid State's (LON:SOLI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 09
Solid State (LON:SOLI) Is Increasing Its Dividend To £0.065
Dec 23Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year
Dec 09Calculating The Intrinsic Value Of Solid State plc (LON:SOLI)
Oct 27Solid State (LON:SOLI) Has Announced That It Will Be Increasing Its Dividend To £0.1325
Aug 13Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's
Jul 30Estimating The Intrinsic Value Of Solid State plc (LON:SOLI)
Jul 20Is Now The Time To Look At Buying Solid State plc (LON:SOLI)?
Apr 28Solid State (LON:SOLI) Might Be Having Difficulty Using Its Capital Effectively
Mar 23Is Now The Time To Put Solid State (LON:SOLI) On Your Watchlist?
Jan 11Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year
Dec 23Here's Why Solid State (LON:SOLI) Can Manage Its Debt Responsibly
Dec 23Solid State (LON:SOLI) Is Increasing Its Dividend To UK£0.063
Dec 09Capital Allocation Trends At Solid State (LON:SOLI) Aren't Ideal
Dec 08At UK£11.10, Is It Time To Put Solid State plc (LON:SOLI) On Your Watch List?
Sep 29Capital Allocation Trends At Solid State (LON:SOLI) Aren't Ideal
Aug 10Solid State (LON:SOLI) Is Increasing Its Dividend To UK£0.11
Jul 16At UK£8.80, Is Solid State plc (LON:SOLI) Worth Looking At Closely?
Jun 03Shareholders Of Solid State (LON:SOLI) Must Be Happy With Their 157% Total Return
Feb 24Should You Buy Solid State plc (LON:SOLI) For Its Upcoming Dividend?
Jan 23The Trends At Solid State (LON:SOLI) That You Should Know About
Jan 19Estimating The Intrinsic Value Of Solid State plc (LON:SOLI)
Jan 01
Solid State plc (LON:SOLI) Is An Attractive Dividend Stock - Here's Why
Dec 17Solid State plc's (LON:SOLI) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 02Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 3/31/2024 | 0.21 | 2 |
| 3/31/2023 | 0.2 | 2 |
| 2/5/2023 | 0.2 | 1.45 |
| 12/6/2022 | 0.2 | 1.46 |
| 7/28/2022 | 0.2 | 1.73 |
| 8/10/2021 | 0.17 | 1.54 |
| 7/13/2021 | 0.16 | 1.73 |
| 6/8/2020 | 0.13 | 1.81 |
| 7/2/2019 | 0.13 | 2.59 |
| 7/3/2018 | 0.12 | 3.39 |
| 8/9/2017 | 0.12 | 3.09 |
| 7/4/2017 | 0.12 | 2.57 |
| 7/14/2016 | 0.12 | 2.85 |
| 7/5/2016 | 0.12 | 3.88 |
| 7/15/2015 | 0.12 | 2.47 |
| 7/7/2015 | 0.12 | 1.39 |
| 7/25/2014 | 0.085 | 1.25 |
| 7/7/2014 | 0.085 | 1.98 |
| 6/18/2013 | 0.08 | 2.8 |
| 12/10/2012 | 0.075 | 3.4 |
| 7/5/2012 | 0.072 | 3.06 |
| 6/21/2012 | 0.072 | 2.96 |
Stable Dividend: SOLI's dividends per share have been stable in the past 10 years.
Growing Dividend: SOLI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Solid State Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SOLI) | 1.5% |
| Market Bottom 25% (GB) | 1.9% |
| Market Top 25% (GB) | 5.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (SOLI) | 1.5% |
Notable Dividend: SOLI's dividend (1.45%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.88%).
High Dividend: SOLI's dividend (1.45%) is low compared to the top 25% of dividend payers in the UK market (5.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.9%), SOLI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SOLI is paying a dividend but the company has no free cash flows.