Solar A/S operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in the Danish, Swedish, Norwegian, and Dutch markets. The company offers lighting fixtures and luminaries, and various installation materials; switches and sockets, and other products in relation to intelligent building systems; and cables. It also provides communication and security products and solutions, such as video surveillance, burglar alarms, fire alarms, and access control systems for large installations and urban networks, as well as customized solutions for home switches, UPS, and antenna equipment for telephony. In addition, the company offers valves; solar panels and electricity, wood, pellet boilers, etc.; products for bathrooms and kitchens, as well as pipes of steel, copper, and plastic for various purposes; products for mounting and supporting the pipes; and drainage systems, cable protection systems, floor drains, cold-water pumps, and hoses and insulation products. Further, it provides delivery, handling, inventory management, logistics, support, and rental services. Additionally, the company offers vending machines; Kitbox, a complete assembly set with components for a specific task; and Via, a cloud-based service, as well as Solar Webshop and Solar Mobile for ordering through mobile app. The company serves offshore, marine, food and beverage, panel building, wind, and machine building industries. Solar A/S was founded in 1919 and is headquartered in Vejen, Denmark.
Solar Dividend Announcement
• Solar announced a annually dividend of kr30.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-18
• Solar annual dividend for 2024 was kr30.00
• Solar annual dividend for 2023 was kr45.00
• Solar's trailing twelve-month (TTM) dividend yield is 10.0%
• Solar's payout ratio for the trailing twelve months (TTM) is 142.21%
• Solar's dividend growth over the last five years (2018-2023) was 35.10% year
• Solar's dividend growth over the last ten years (2013-2023) was 21.07% year
Solar Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-03-18 | kr30.00 | annually | |
| 2023-03-20 | kr45.00 | annually | 2023-03-22 |
| 2022-05-12 | kr45.00 | annually | 2022-05-17 |
| 2022-03-21 | kr45.00 | annually | 2022-03-23 |
| 2021-05-11 | kr15.00 | annually | 2021-05-17 |
| 2021-03-22 | kr28.00 | annually | 2021-03-24 |
| 2020-03-16 | kr14.00 | annually | 2020-03-18 |
| 2019-03-18 | kr14.00 | annually | 2019-03-20 |
| 2018-03-19 | kr10.00 | annually | 2018-03-21 |
| 2017-03-20 | kr12.00 | annually | 2017-03-22 |
| 2016-04-04 | kr10.00 | annually | |
| 2015-03-30 | kr7.00 | annually | |
| 2014-04-14 | kr12.00 | annually | |
| 2013-04-08 | kr6.65 | annually |
Solar Dividend per year
Solar Dividend growth
Solar Dividend Yield
Solar current trailing twelve-month (TTM) dividend yield is 10.0%. Interested in purchasing Solar stock? Use our calculator to estimate your expected dividend yield:
Solar Financial Ratios
P/E ratio14.23
PEG ratio0.29
P/B ratio1.23
ROE8.66%
Payout ratio142.21%
Current ratio1.23
Quick ratio0.69
Cash Ratio0.08
Solar Dividend FAQ
How much is the next Solar dividend?
Solar's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Solar dividend. The next Solar dividend will be released in March.
When is Solar dividend paid?
Solar pays dividends on a annually basis. The specific dates may vary each year but are generally around March. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Solar pay?
The specific amount of Solar dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Solar's dividend history.
Does Solar stock pay dividends?
Yes, Solar does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Solar's dividend history.
How much dividend does Solar pay?
Solar paid kr30.0 in 2024, kr45.0 in 2023, kr90.0 in 2022, kr43.0 in 2021, and kr14.0 in 2020.
How often does Solar pay dividends?
Solar typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is Solar's dividend yield?
The current dividend yield for Solar is 10.0%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Solar's exact dividend yield.
When does Solar go ex dividend?
Solar's ex-dividend date for the latest dividend was on 2024-03-18. Solar typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Solar dividend paid?
Solar pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will Solar increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Solar will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Solar dividend per share?
Solar paid kr30.0 per share in 2024 and kr45.0 per share in 2023. The amount of dividend per share that Solar pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Solar a dividend aristocrat?
No, 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 Solar a dividend king?
No, 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 Solar a dividend stock?
Yes, Solar is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Solar a good dividend stock?
Whether Solar is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Solar has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Solar 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.
Other factors to consider when evaluating Solar 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.
Does Solar pay dividends monthly?
Solar typically pays dividends on a annually basis.
Does Solar pay dividends quarterly?
Solar currently pays dividends on a annually basis.
Has Solar ever paid a dividend?
Yes, Solar has a history of paying dividends to its shareholders. Solar is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Solar dividend stocks?
To buy 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy 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.
Place an order: Use the brokerage's trading platform to place an order to buy 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.
When does Solar pay dividends 2024?
Solar pays dividends on a annually basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Solar increase its dividend in 2024?
Decisions regarding Solar dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Solar dividend overview you can look into the above table of dividend history.
How Solar dividend works?
The Solar dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Solar's dividend process works:
1. Determination of Dividend: Solar'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, Solar 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, Solar 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 Solar 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. Determination of Dividend: Solar'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, Solar 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, Solar 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 Solar 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.
How are Solar dividends paid?
Solar dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Solar 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, Solar distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Solar 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.
1. Record Date: Solar 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, Solar distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Solar 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.
How many times does Solar pay dividends?
Solar typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Solar pay dividends?
The general pattern is that Solar pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Solar dividend safe?
The safety of Solar's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Solar'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 Solar'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.
To assess the safety of Solar'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 Solar'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.