SHLS (Shoals Technologies Group) Forward Dividend Yield %: 0.00% (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHLS Shoals Technologies Group Inc SHLS
89 GF Score
Price $7.14
GF Value $9.97
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Shoals Technologies Group Forward Dividend Yield %?

Shoals Technologies Group SHLS -3.77% 89 Forward Dividend Yield % is 0.00% as of Aug. 29, 2026. GuruFocus rates SHLS with a GF Score™ of 89/100 and a GF Value™ of $9.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 529 Semiconductors companies, Shoals Technologies Group ranks worse than 189035.73% on this metric.

As of today (2026-08-29), the Forward Annual Dividend Yield of Shoals Technologies Group is 0.00%.

As of today (2026-08-29), the Trailing Annual Dividend Yield of Shoals Technologies Group is 0.00%.

SHLS's Forward Dividend Yield % is not ranked *
in the Semiconductors industry.
Industry Median: 0.91
* Ranked among companies with meaningful Forward Dividend Yield % only.

Shoals Technologies Group's Dividends per Share for the three months ended in Jun. 2026 was $0.00.

The growth rate is calculated with least square regression.

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


Shoals Technologies Group  (NAS:SHLS) 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.


Shoals Technologies Group Forward Dividend Yield % Related Terms


SHLS vs CSIQ, ARRY, RUN: Forward Dividend Yield % Comparison

For the Solar subindustry, Shoals Technologies Group'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.


Shoals Technologies Group Forward Dividend Yield % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shoals Technologies Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shoals Technologies Group's Forward Dividend Yield % falls into.


SHLS
89GF Score
Shoals Technologies Group Inc SHLS
Forward Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoals Technologies Group Forward Dividend Yield % Calculation

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

What does a Forward Dividend Yield % of 0.00% mean?
Shoals Technologies Group (SHLS) has a Forward Dividend Yield % of 0.00% as of Aug. 29, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Shoals Technologies Group and its competitors. According to the industry distribution chart, Shoals Technologies Group ranks #999999 out of 529 companies in the Semiconductors industry.
Is Shoals Technologies Group's Forward Dividend Yield % too high?
Shoals Technologies Group's current Forward Dividend Yield % is 0.00%. Based on the distribution chart, Shoals Technologies Group ranks #999999 out of 529 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Shoals Technologies Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoals Technologies Group's Forward Dividend Yield % compare to CSIQ and ARRY?
According to the Semiconductors industry distribution chart, Shoals Technologies Group ranks #999999 out of 529 companies for Forward Dividend Yield %. This places Shoals Technologies Group in the lower half of its industry. The industry median Forward Dividend Yield % is 0.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Semiconductors company?
The median Forward Dividend Yield % among Semiconductors companies is 0.91, based on 529 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Shoals Technologies Group and its competitors. For the Semiconductors industry, the median Forward Dividend Yield % is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoals Technologies Group's current Forward Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoals Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Shoals Technologies Group (SHLS) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.97, compared to a current price of $7.14 — trading 28.4% below its estimated fair value. The current Forward Dividend Yield % is 0.00%. Shoals Technologies Group's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Shoals Technologies Group (SHLS), the current Forward Dividend Yield % is 0.00% as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shoals Technologies Group (SHLS) Overvalued in 2026?

Based on GuruFocus' analysis, Shoals Technologies Group stock appears to be undervalued. The current stock price of $7.14 is trading 28.4% below its estimated GF Value™ of $9.97. GuruFocus considers Shoals Technologies Group to be Modestly Undervalued.

Key valuation signals for SHLS:

  • Forward Dividend Yield %: 0.00%
  • GF Value™: $9.97 vs. price of $7.14 (28.4% below fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the SHLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoals Technologies Group Business Description

Address 1400 Shoals Way, Portland, TN, USA, 37148
Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement, and construction firms that build solar energy projects.
89GF Score

Get the complete analysis for SHLS

Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.14
Price
$9.97
GF Value