Solar Industries India (NSE:SOLARINDS) Forward Dividend Yield % : 0.09% (As of Jun. 15, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Solar Industries India Forward Dividend Yield %?

As of today (2024-06-15), the Forward Annual Dividend Yield of Solar Industries India is 0.09%.

As of today (2024-06-15), the Trailing Annual Dividend Yield of Solar Industries India is 0.08%.

NSE:SOLARINDS's Forward Dividend Yield % is ranked worse than
98.73% of 1027 companies
in the Chemicals industry
Industry Median: 1.96 vs NSE:SOLARINDS: 0.09

Solar Industries India's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Solar Industries India's average Dividends Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Solar Industries India was 81.70% per year. The lowest was -3.10% per year. And the median was 18.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Solar Industries India's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Solar Industries India's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Solar Industries India's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Industries India's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Solar Industries India's Forward Dividend Yield % falls into.

Solar Industries India Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Solar Industries India (NSE:SOLARINDS) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Solar Industries India Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Solar Industries India's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Solar Industries India (NSE:SOLARINDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solar Industries India Ltd (NSE:SOLARINDS) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

532725:India

Address

Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023

Website

https://www.solargroup.com

Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company primarily sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.

Solar Industries India (NSE:SOLARINDS) Headlines

No Headlines