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New Energy Solar Limited acquires, owns and manages large scale solar generation facilities. The firm may also invest in other renewable energy assets including wind, geothermal, hydro-electricity, hybrid solutions and owns and manages large scale solar generation facilities. New Energy Solar Limited was established in 2015 and is based in Sydney, Australia.

New Energy Solar Dividend Announcement

New Energy Solar announced a quarterly dividend of A$0.14 per ordinary share which will be made payable on . Ex dividend date: 2023-01-31
New Energy Solar annual dividend for 2023 was A$0.14
New Energy Solar's trailing twelve-month (TTM) dividend yield is -%
New Energy Solar's payout ratio for the trailing twelve months (TTM) is -53.15%
New Energy Solar's dividend growth over the last five years (2018-2023) was 11.74% year

New Energy Solar Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-01-31A$0.14quarterly
2022-11-23A$0.82quarterly
2022-08-04A$0.04quarterly
2022-02-16A$0.01quarterly
2021-08-11A$0.03quarterly
2021-02-04A$0.03quarterly
2020-06-29A$0.03quarterly2020-08-17
2019-12-30A$0.04quarterly2020-02-14
2019-06-27A$0.04quarterly2019-08-15
2018-12-28A$0.04quarterly2019-02-15
2018-06-28A$0.04quarterly2018-08-15
2017-12-28A$0.04quarterly2018-02-15

New Energy Solar Dividend per year

New Energy Solar Dividend growth

New Energy Solar Dividend Yield

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

New Energy Solar Financial Ratios

P/E ratio-1.00
PEG ratio0.03
P/B ratio0.05
ROE-4.96%
Payout ratio-53.15%
Current ratio1.62
Quick ratio1.62
Cash Ratio0.57

New Energy Solar Dividend FAQ

Does New Energy Solar stock pay dividends?
New Energy Solar does not currently pay dividends to its shareholders.
Has New Energy Solar ever paid a dividend?
No, New Energy Solar has no a history of paying dividends to its shareholders. New Energy Solar is not known for its dividend payments.
Why doesn't New Energy Solar pay dividends?
There are several potential reasons why New Energy 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 New Energy 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 New Energy 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 New Energy Solar a dividend aristocrat?
New Energy 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 New Energy Solar a dividend king?
New Energy 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 New Energy Solar a dividend stock?
No, New Energy 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 New Energy Solar stocks?
To buy New Energy 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 New Energy 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.