Solid Automotive Berhad Dividends and Buybacks
Dividend criteria checks 4/6
Solid Automotive Berhad is a dividend paying company with a current yield of 3.33% that is well covered by earnings.
Key information
3.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | RM 0.006 |
| Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
Does Solid Automotive Berhad (KLSE:SOLID) Have A Healthy Balance Sheet?
Aug 02
Investors Still Aren't Entirely Convinced By Solid Automotive Berhad's (KLSE:SOLID) Earnings Despite 30% Price Jump
Jul 05Returns On Capital Are Showing Encouraging Signs At Solid Automotive Berhad (KLSE:SOLID)
Jun 10Solid Automotive Berhad's (KLSE:SOLID) Conservative Accounting Might Explain Soft Earnings
Apr 05Here's Why Solid Automotive Berhad (KLSE:SOLID) Can Manage Its Debt Responsibly
Dec 13Solid Automotive Berhad (KLSE:SOLID) Has A Rock Solid Balance Sheet
Jun 28Solid Automotive Berhad (KLSE:SOLID) Could Easily Take On More Debt
Dec 14Solid Automotive Berhad's (KLSE:SOLID) Solid Profits Have Weak Fundamentals
Aug 05These 4 Measures Indicate That Solid Automotive Berhad (KLSE:SOLID) Is Using Debt Reasonably Well
Jun 24Be Wary Of Solid Automotive Berhad (KLSE:SOLID) And Its Returns On Capital
May 12Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden
Mar 23We're Watching These Trends At Solid Automotive Berhad (KLSE:SOLID)
Jan 28Here's What We Think About Solid Automotive Berhad's (KLSE:SOLID) CEO Pay
Dec 23
Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden
Nov 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SOLID's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOLID's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Solid Automotive Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SOLID) | 3.3% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (Retail Distributors) | 6.9% |
| Analyst forecast (SOLID) (up to 3 years) | n/a |
Notable Dividend: SOLID's dividend (3.33%) is higher than the bottom 25% of dividend payers in the MY market (1.92%).
High Dividend: SOLID's dividend (3.33%) is low compared to the top 25% of dividend payers in the MY market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.3%), SOLID's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.6%), SOLID's dividend payments are thoroughly covered by cash flows.