Solaris Oilfield Infrastructure, Inc. designs, manufactures, and sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites in the United States. It is involved in the transloading and storage of proppant or railcars at its transloading facility. The company also develops Railtronix, an inventory management software. In addition, it provides last-mile logistics management services; AutoBlend, an integrated electric blender; top-fill equipment to enable quick unloading from bottom drop trucks; fluid management systems; and proprietary Solaris Lens software. The company serves exploration and production, and oilfield services industries. Solaris Oilfield Infrastructure, Inc. was founded in 2014 and is headquartered in Houston, Texas.
Solaris Oilfield Infrastructure Dividend Announcement
• Solaris Oilfield Infrastructure announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-23
• Solaris Oilfield Infrastructure annual dividend for 2024 was $0.36
• Solaris Oilfield Infrastructure annual dividend for 2023 was $0.45
• Solaris Oilfield Infrastructure's trailing twelve-month (TTM) dividend yield is 4.24%
• Solaris Oilfield Infrastructure's payout ratio for the trailing twelve months (TTM) is 88.37%
• Solaris Oilfield Infrastructure's dividend growth over the last five years (2018-2023) was 35.10% year
Solaris Oilfield Infrastructure Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | $0.12 | quarterly | 2024-09-06 |
2024-06-07 | $0.12 | quarterly | 2024-06-17 |
2024-03-08 | $0.12 | quarterly | 2024-03-21 |
2023-11-30 | $0.12 | quarterly | 2023-12-11 |
2023-09-01 | $0.11 | quarterly | 2023-09-15 |
2023-06-05 | $0.11 | quarterly | 2023-06-16 |
2023-03-13 | $0.11 | quarterly | 2023-03-24 |
2022-12-05 | $0.10 | quarterly | 2022-12-16 |
2022-09-02 | $0.10 | quarterly | 2022-09-16 |
2022-06-06 | $0.10 | quarterly | 2022-06-17 |
2022-03-04 | $0.10 | quarterly | 2022-03-17 |
2021-12-06 | $0.10 | quarterly | 2021-12-17 |
2021-09-13 | $0.10 | quarterly | 2021-09-24 |
2021-06-14 | $0.10 | quarterly | 2021-06-25 |
2021-03-12 | $0.10 | quarterly | 2021-03-25 |
2020-11-25 | $0.10 | quarterly | 2020-12-07 |
2020-09-03 | $0.10 | quarterly | 2020-09-17 |
2020-06-01 | $0.10 | quarterly | 2020-06-16 |
2020-03-16 | $0.10 | quarterly | 2020-03-27 |
2019-12-13 | $0.10 | quarterly | 2019-12-26 |
2019-09-18 | $0.10 | quarterly | 2019-09-26 |
2019-06-13 | $0.10 | quarterly | 2019-06-26 |
2019-03-21 | $0.10 | quarterly | 2019-03-29 |
2018-12-14 | $0.10 | quarterly | 2018-12-27 |
Solaris Oilfield Infrastructure Dividend per year
Solaris Oilfield Infrastructure Dividend growth
Solaris Oilfield Infrastructure Dividend Yield
Solaris Oilfield Infrastructure current trailing twelve-month (TTM) dividend yield is 4.24%. Interested in purchasing Solaris Oilfield Infrastructure stock? Use our calculator to estimate your expected dividend yield:
Solaris Oilfield Infrastructure Financial Ratios
Solaris Oilfield Infrastructure Dividend FAQ
Other factors to consider when evaluating Solaris Oilfield Infrastructure 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: Solaris Oilfield Infrastructure'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, Solaris Oilfield Infrastructure 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, Solaris Oilfield Infrastructure 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 Solaris Oilfield Infrastructure 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: Solaris Oilfield Infrastructure 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, Solaris Oilfield Infrastructure distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Solaris Oilfield Infrastructure 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 Solaris Oilfield Infrastructure'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 Solaris Oilfield Infrastructure'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.