Table of Contents

company-logo

Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company operates through two segments, Canadian Solar Inc. (CSI) Solar and Global Energy. The CSI Solar segment offers standard solar modules and battery storage solutions, as well as solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories; and engineering, procurement, and construction (EPC) services. The Global Energy segment engages in the development, construction, maintenance, and sale of solar and battery storage projects; operation of solar power plants; and sale of electricity. This segment also provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services. As of January 31, 2021, this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 445 MWp. The company serves distributors, system integrators, project developers, and installers/EPC companies. It sells its products primarily under its Canadian Solar brand name; and on an OEM basis. The company was incorporated in 2001 and is headquartered in Guelph, Canada.

Canadian Solar Dividend Announcement

• Canadian Solar does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Canadian Solar dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Canadian Solar Dividend History

Canadian Solar Dividend Yield

Canadian Solar current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Canadian Solar stock? Use our calculator to estimate your expected dividend yield:

Canadian Solar Financial Ratios

P/E ratio1100.62
PEG ratio19.40
P/B ratio0.29
ROE0.03%
Payout ratio0.00%
Current ratio1.06
Quick ratio0.85
Cash Ratio0.36

Canadian Solar Dividend FAQ

Does Canadian Solar stock pay dividends?
Canadian Solar does not currently pay dividends to its shareholders.
Has Canadian Solar ever paid a dividend?
No, Canadian Solar has no a history of paying dividends to its shareholders. Canadian Solar is not known for its dividend payments.
Why doesn't Canadian Solar pay dividends?
There are several potential reasons why Canadian Solar would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Canadian Solar ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Canadian Solar has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Canadian Solar a dividend aristocrat?
Canadian Solar is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Canadian Solar a dividend king?
Canadian Solar is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Canadian Solar a dividend stock?
No, Canadian Solar is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Canadian Solar stocks?
To buy Canadian Solar you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Canadian Solar stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.