SOL S.p.A. engages in the applied research, production, and marketing of technical and medical gases; and in home medical assistance and related medical equipment in Italy and internationally. The company offers technical and medical gases, including oxygen, nitrogen, argon, hydrogen, carbon and sulphur dioxide, acetylene, nitrous oxide, gas mixtures, high purity gases, food gases, and gaseous and liquid helium; gas for electronics; and ammonia and combustible gases for industrial use. It also provides home oxygen therapy, home mechanical ventilation, and aerosol therapy services, as well as the diagnosis and treatment of respiratory sleep disorders; services for artificial nutrition, insulin therapy with pumps, and immunotherapy, as well as services for the treatment of pain and Parkinson's disease; home healthcare and social care services; telemedicine and digital services; and healthcare aids. In addition, it provides medical devices; training services; InfoHealth SOLution, a web platform that allows to control plans, coordinate, and manage the activities; electromedical equipment services; hospital hygiene and environmental monitoring services; and ambulance management services. Further, it designs, constructs, and manages bio banks; distribution of medical and technical gases; produces and sells hydroelectric power; offers pre-and post-natal diagnostic screening services; produces and sells diagnostic systems; researches, develops, and markets products for research, diagnosis and clinical application in the hospital, environmental, veterinary and food sectors; and bioshipping services, as well as provides transfer, storage, and handling services of biological samples. Its products are used in the chemical, electronics, steel, metal, and food industries, as well as in environmental protection, and research and healthcare sectors. The company was founded in 1927 and is headquartered in Monza, Italy. SOL S.p.A. is a subsidiary of Gas and Technologies World BV.
SOL Dividend Announcement
• SOL announced a annually dividend of €0.37 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-20
• SOL annual dividend for 2024 was €0.37
• SOL annual dividend for 2023 was €0.33
• SOL's trailing twelve-month (TTM) dividend yield is 1.02%
• SOL's payout ratio for the trailing twelve months (TTM) is 19.28%
• SOL's dividend growth over the last five years (2018-2023) was 17.08% year
• SOL's dividend growth over the last ten years (2013-2023) was 12.68% year
SOL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | €0.37 | annually | 2024-05-22 |
2023-05-22 | €0.33 | annually | 2023-05-24 |
2022-05-16 | €0.24 | annually | 2022-05-18 |
2021-05-24 | €0.22 | annually | 2021-05-26 |
2021-05-17 | €0.22 | annually | |
2020-05-25 | €0.17 | annually | 2020-05-27 |
2020-05-18 | €0.17 | annually | |
2019-05-20 | €0.17 | annually | 2019-05-22 |
2018-05-21 | €0.15 | annually | 2018-05-23 |
2017-05-22 | €0.15 | annually | 2017-05-24 |
2016-05-23 | €0.12 | annually | |
2015-05-18 | €0.11 | annually | |
2014-05-19 | €0.10 | annually | |
2013-05-20 | €0.10 | annually |
SOL Dividend per year
SOL Dividend growth
SOL Dividend Yield
SOL current trailing twelve-month (TTM) dividend yield is 1.02%. Interested in purchasing SOL stock? Use our calculator to estimate your expected dividend yield:
SOL Financial Ratios
SOL Dividend FAQ
Other factors to consider when evaluating SOL as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: SOL's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SOL publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SOL distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SOL are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: SOL sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SOL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SOL declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of SOL's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SOL's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.