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Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as packaged and bulk explosives; and initiating systems, including electronic, non-electric, electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company also provides defense products, including unmanned aerial systems and drones, ammunitions, military explosives, bombs and warheads, rockets, and drones armed with guided missiles, as well as counter drone systems and initiating systems and pyros comprising fuzes, detonators, ignitors, decoys and flares, and riot control devices. It primarily serves mining, defense, and infrastructure sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. Solar Industries India Limited was founded in 1983 and is headquartered in Nagpur, India.

Solar Industries India Dividend Announcement

Solar Industries India announced a annually dividend of ₹8.50 per ordinary share which will be made payable on 2024-08-17. Ex dividend date: 2024-07-04
Solar Industries India annual dividend for 2024 was ₹8.50
Solar Industries India annual dividend for 2023 was ₹8.00
Solar Industries India's trailing twelve-month (TTM) dividend yield is 0.08%
Solar Industries India's dividend growth over the last five years (2018-2023) was 5.92% year
Solar Industries India's dividend growth over the last ten years (2013-2023) was -3.13% year

Solar Industries India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-04₹8.50annually2024-08-17
2023-06-09₹8.00annually2023-06-30
2022-05-27₹7.50annually2022-06-18
2021-08-18₹6.00annually2021-09-30
2020-09-03₹6.00annually2020-09-25
2019-07-18₹7.00annually2019-08-30
2018-07-18₹6.00annually2018-08-30
2017-08-09₹3.00annually2017-09-20
2017-02-20₹2.00annually2017-03-16
2016-03-16₹13.50annually2016-10-01
2015-11-09₹9.00annually2015-11-28
2015-08-27₹9.00annually2015-10-09
2014-11-19₹8.00annually2014-12-10
2014-08-22₹7.00annually2014-10-04
2013-11-13₹5.00annually2013-11-27
2013-08-30₹6.00annually2013-10-11

Solar Industries India Dividend per year

Solar Industries India Dividend growth

Solar Industries India Dividend Yield

Solar Industries India current trailing twelve-month (TTM) dividend yield is 0.08%. Interested in purchasing Solar Industries India stock? Use our calculator to estimate your expected dividend yield:

Solar Industries India Financial Ratios

P/E ratio98.16
PEG ratio3.38
P/B ratio26.15
ROE29.94%
Payout ratio0.00%
Current ratio1.53
Quick ratio1.00
Cash Ratio0.13

Solar Industries India Dividend FAQ

How much is the next Solar Industries India dividend?
Solar Industries India'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 Industries India dividend. The next Solar Industries India dividend will be released in June.
When is Solar Industries India dividend paid?
Solar Industries India pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Industries India pay?
The specific amount of Solar Industries India 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 Industries India's dividend history.
Does Solar Industries India stock pay dividends?
Yes, Solar Industries India 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 Industries India's dividend history.
How much dividend does Solar Industries India pay?
Solar Industries India paid ₹8.5 in 2024, ₹8.0 in 2023, ₹7.5 in 2022, ₹6.0 in 2021, and ₹6.0 in 2020.
How often does Solar Industries India pay dividends?
Solar Industries India 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 June.
What is Solar Industries India's dividend yield?
The current dividend yield for Solar Industries India is 0.08%. 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 Industries India's exact dividend yield.
When does Solar Industries India go ex dividend?
Solar Industries India's ex-dividend date for the latest dividend was on 2024-07-04. Solar Industries India 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 Industries India dividend paid?
Solar Industries India pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Solar Industries India 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 Industries India 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 Industries India dividend per share?
Solar Industries India paid ₹8.5 per share in 2024 and ₹8.0 per share in 2023. The amount of dividend per share that Solar Industries India 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 Industries India 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 Industries India 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 Industries India a dividend stock?
Yes, Solar Industries India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Solar Industries India a good dividend stock?
Whether Solar Industries India 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 Industries India has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Solar Industries India 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 Industries India pay dividends monthly?
Solar Industries India typically pays dividends on a annually basis.
Does Solar Industries India pay dividends quarterly?
Solar Industries India currently pays dividends on a annually basis.
Has Solar Industries India ever paid a dividend?
Yes, Solar Industries India has a history of paying dividends to its shareholders. Solar Industries India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Solar Industries India dividend stocks?
To buy Solar Industries India 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 Industries India 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 Industries India pay dividends 2024?
Solar Industries India pays dividends on a annually basis. 2024 dividend payments are in 2024-08-17. 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 Industries India increase its dividend in 2024?
Decisions regarding Solar Industries India 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 Industries India dividend overview you can look into the above table of dividend history.
How Solar Industries India dividend works?
The Solar Industries India 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 Industries India's dividend process works:

1. Determination of Dividend: Solar Industries India'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 Industries India 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 Industries India 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 Industries India 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 Industries India dividends paid?
Solar Industries India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Solar Industries India 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 Industries India 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 Industries India 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 Industries India pay dividends?
Solar Industries India 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 Industries India pay dividends?
The general pattern is that Solar Industries India pays dividends around June. 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 Industries India dividend safe?
The safety of Solar Industries India'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 Industries India'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 Industries India'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.