Solid State plc designs and manufactures electronic equipment and supplies the value added electronic components and materials in the United Kingdom, rest of Europe, Asia, North America, and internationally. It operates through Components and Systems divisions. The Components division supplies designed-in products and solutions at the component and sub assembly level to the original equipment manufacturers and the contract electronics manufacturing communities for use in 5G and the Internet of Things, embedded processing, control, wireless and wired communications, electromechanical, power management, optical emitters, sensors, displays, and LED lighting. The Systems division manufactures industrial computers; custom battery packs; and advanced communication systems, including specialist antennas, radios, and video transmission products. This division also designs and manufactures image capture, processing, and transmission computing systems. The company also supplies opto-electronic components. It serves security and defense, medical, greentech, energy, transport, and industrial sectors. The company was formerly known as Solid State Supplies plc and changed its name to Solid State plc in May 2006. Solid State plc was incorporated in 1963 and is headquartered in Redditch, the United Kingdom.
Solid State Dividend Announcement
• Solid State announced a semi annually dividend of £72.50 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-05
• Solid State annual dividend for 2024 was £79.50
• Solid State annual dividend for 2023 was £20.00
• Solid State's trailing twelve-month (TTM) dividend yield is 10.12%
• Solid State's payout ratio for the trailing twelve months (TTM) is 26.17%
• Solid State's dividend growth over the last five years (2018-2023) was 10.76% year
• Solid State's dividend growth over the last ten years (2013-2023) was 9.60% year
Solid State Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-05 | £72.50 | semi annually | 2024-09-27 |
| 2024-01-25 | £7.00 | semi annually | 2024-02-16 |
| 2023-09-07 | £13.50 | semi annually | 2023-09-29 |
| 2023-01-26 | £6.50 | semi annually | 2023-02-17 |
| 2022-09-01 | £13.25 | semi annually | 2022-10-05 |
| 2022-01-27 | £6.25 | semi annually | 2022-02-18 |
| 2021-09-02 | £10.75 | semi annually | 2021-09-24 |
| 2021-01-28 | £5.25 | semi annually | 2021-02-19 |
| 2020-09-03 | £7.25 | semi annually | 2020-09-23 |
| 2020-01-23 | £5.25 | semi annually | 2020-02-14 |
| 2019-08-29 | £8.30 | semi annually | 2019-09-19 |
| 2019-01-24 | £4.20 | semi annually | 2019-02-15 |
| 2018-08-30 | £8.00 | semi annually | 2018-09-20 |
| 2018-01-25 | £4.00 | semi annually | 2018-02-16 |
| 2017-08-31 | £8.00 | semi annually | 2017-09-22 |
| 2016-12-22 | £4.00 | semi annually | 2017-01-20 |
| 2016-09-01 | £8.00 | semi annually | 2016-09-23 |
| 2016-01-07 | £4.00 | semi annually | 2016-02-26 |
| 2015-09-03 | £8.00 | semi annually | 2015-09-29 |
| 2014-12-11 | £4.00 | semi annually | 2015-01-07 |
| 2014-08-06 | £5.75 | semi annually | 2014-09-02 |
| 2014-01-08 | £2.75 | semi annually | 2014-01-31 |
| 2013-08-07 | £5.25 | semi annually | 2013-09-02 |
| 2013-01-02 | £2.75 | semi annually | 2013-01-28 |
Solid State Dividend per year
Solid State Dividend growth
Solid State Dividend Yield
Solid State current trailing twelve-month (TTM) dividend yield is 10.12%. Interested in purchasing Solid State stock? Use our calculator to estimate your expected dividend yield:
Solid State Financial Ratios
P/E ratio2.72
PEG ratio2.72
P/B ratio0.37
ROE14.05%
Payout ratio26.17%
Current ratio1.92
Quick ratio1.18
Cash Ratio0.25
Solid State Dividend FAQ
How much is the next Solid State dividend?
Solid State's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Solid State dividend. The next Solid State dividend will be released in January, or September.
When is Solid State dividend paid?
Solid State pays dividends on a semi annually basis. The specific dates may vary each year but are generally around January, and September. 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 Solid State pay?
The specific amount of Solid State 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 Solid State's dividend history.
Does Solid State stock pay dividends?
Yes, Solid State 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 Solid State's dividend history.
How much dividend does Solid State pay?
Solid State paid £79.5 in 2024, £20.0 in 2023, £19.5 in 2022, £16.0 in 2021, and £12.5 in 2020.
How often does Solid State pay dividends?
Solid State typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around January, and September.
What is Solid State's dividend yield?
The current dividend yield for Solid State is 10.12%. 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 Solid State's exact dividend yield.
When does Solid State go ex dividend?
Solid State's ex-dividend date for the latest dividend was on 2024-09-05. Solid State 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 Solid State dividend paid?
Solid State pays dividends on a semi annually basis, typically around January, or September, but the exact dates can vary each year.
Will Solid State 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 Solid State 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 Solid State dividend per share?
Solid State paid £79.5 per share in 2024 and £20.0 per share in 2023. The amount of dividend per share that Solid State 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 Solid State 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 Solid State 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 Solid State a dividend stock?
Yes, Solid State is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Solid State a good dividend stock?
Whether Solid State is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Solid State has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Solid State 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 Solid State 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 Solid State pay dividends monthly?
Solid State typically pays dividends on a semi annually basis.
Does Solid State pay dividends quarterly?
Solid State currently pays dividends on a semi annually basis.
Has Solid State ever paid a dividend?
Yes, Solid State has a history of paying dividends to its shareholders. Solid State is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Solid State dividend stocks?
To buy Solid State 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 Solid State 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 Solid State 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 Solid State pay dividends 2024?
Solid State pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-27. 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 Solid State increase its dividend in 2024?
Decisions regarding Solid State 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 Solid State dividend overview you can look into the above table of dividend history.
How Solid State dividend works?
The Solid State 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 Solid State's dividend process works:
1. Determination of Dividend: Solid State'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, Solid State 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, Solid State 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 Solid State 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: Solid State'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, Solid State 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, Solid State 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 Solid State 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 Solid State dividends paid?
Solid State dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Solid State 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, Solid State distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Solid State 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: Solid State 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, Solid State distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Solid State 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 Solid State pay dividends?
Solid State typically pays dividends on a semi 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 Solid State pay dividends?
The general pattern is that Solid State pays dividends around January, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Solid State dividend safe?
The safety of Solid State'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 Solid State'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 Solid State'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 Solid State'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 Solid State'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.