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Solvar Limited provides automotive and personal finance in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, motorbikes, utility vehicles, trailers, tractors, trucks, caravan, boats, horse floats, ride on mowers, equipment, and jet skis, as well as secured and unsecured personal loans. It provides loans through brokers and dealers under the Money3, AFS, and Go Car Finance brand names. The company was formerly known as Money3 Corporation Limited and changed its name to Solvar Limited in November 2022. Solvar Limited was incorporated in 2005 and is headquartered in Bundoora, Australia.

Solvar Dividend Announcement

Solvar announced a semi annually dividend of A$0.05 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-03
Solvar annual dividend for 2024 was A$0.10
Solvar annual dividend for 2023 was A$0.16
Solvar's trailing twelve-month (TTM) dividend yield is 7.75%
Solvar's payout ratio for the trailing twelve months (TTM) is 75.81%
Solvar's dividend growth over the last five years (2018-2023) was 11.67% year
Solvar's dividend growth over the last ten years (2013-2023) was 15.25% year

Solvar Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-03A$0.05semi annually2024-10-11
2024-03-03A$0.05semi annually2024-04-19
2023-09-01A$0.09semi annually2023-10-09
2023-02-28A$0.07semi annually2023-04-13
2022-09-01A$0.07semi annually2022-10-06
2022-03-15A$0.06semi annually2022-04-29
2021-09-08A$0.07semi annually2021-10-14
2021-03-08A$0.03semi annually2021-04-08
2020-09-02A$0.03semi annually2020-10-09
2020-03-04A$0.05semi annually2020-04-20
2019-09-23A$0.05semi annually2019-10-22
2019-03-04A$0.05semi annually2019-05-23
2018-10-01A$0.05semi annually2018-10-23
2018-02-26A$0.04semi annually2018-05-21
2017-10-04A$0.03semi annually2017-10-27
2017-03-13A$0.03semi annually2017-05-15
2016-10-05A$0.03semi annually
2016-03-16A$0.03semi annually
2015-10-05A$0.03semi annually
2015-03-18A$0.02semi annually
2014-10-03A$0.02semi annually
2014-03-30A$0.02semi annually
2013-10-04A$0.02semi annually
2013-03-13A$0.02semi annually

Solvar Dividend per year

Solvar Dividend growth

Solvar Dividend Yield

Solvar current trailing twelve-month (TTM) dividend yield is 7.75%. Interested in purchasing Solvar stock? Use our calculator to estimate your expected dividend yield:

Solvar Financial Ratios

P/E ratio5.88
PEG ratio1.64
P/B ratio0.73
ROE12.31%
Payout ratio75.81%
Current ratio46.99
Quick ratio46.99
Cash Ratio7.41

Solvar Dividend FAQ

How much is the next Solvar dividend?
Solvar's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Solvar dividend. The next Solvar dividend will be released in February, or September.
When is Solvar dividend paid?
Solvar pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, 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 Solvar pay?
The specific amount of Solvar 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 Solvar's dividend history.
Does Solvar stock pay dividends?
Yes, Solvar 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 Solvar's dividend history.
How much dividend does Solvar pay?
Solvar paid A$0.1 in 2024, A$0.165 in 2023, A$0.13 in 2022, A$0.1 in 2021, and A$0.08 in 2020.
How often does Solvar pay dividends?
Solvar 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 February, and September.
What is Solvar's dividend yield?
The current dividend yield for Solvar is 7.75%. 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 Solvar's exact dividend yield.
When does Solvar go ex dividend?
Solvar's ex-dividend date for the latest dividend was on 2024-09-03. Solvar 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 Solvar dividend paid?
Solvar pays dividends on a semi annually basis, typically around February, or September, but the exact dates can vary each year.
Will Solvar 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 Solvar 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 Solvar dividend per share?
Solvar paid A$0.1 per share in 2024 and A$0.165 per share in 2023. The amount of dividend per share that Solvar 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 Solvar 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 Solvar 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 Solvar a dividend stock?
Yes, Solvar is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Solvar a good dividend stock?
Whether Solvar is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Solvar has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Solvar 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 Solvar pay dividends monthly?
Solvar typically pays dividends on a semi annually basis.
Does Solvar pay dividends quarterly?
Solvar currently pays dividends on a semi annually basis.
Has Solvar ever paid a dividend?
Yes, Solvar has a history of paying dividends to its shareholders. Solvar is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Solvar dividend stocks?
To buy Solvar 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 Solvar 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 Solvar pay dividends 2024?
Solvar pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-11. 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 Solvar increase its dividend in 2024?
Decisions regarding Solvar 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 Solvar dividend overview you can look into the above table of dividend history.
How Solvar dividend works?
The Solvar 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 Solvar's dividend process works:

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

1. Record Date: Solvar 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, Solvar distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Solvar 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 Solvar pay dividends?
Solvar 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 Solvar pay dividends?
The general pattern is that Solvar pays dividends around February, 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 Solvar dividend safe?
The safety of Solvar'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 Solvar'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 Solvar'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.