SolarBank (NEOE:SUNN) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is SolarBank Dividend Payout Ratio?

SolarBank's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for SolarBank's Dividend Payout Ratio or its related term are showing as below:

NEOE:SUNN's Dividend Payout Ratio is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.41
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-25), the Dividend Yield % of SolarBank is 0.00%.

SolarBank's Dividends per Share for the months ended in Mar. 2024 was C$0.00.

The growth rate is calculated with least square regression.

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

SolarBank Dividend Payout Ratio Historical Data

The historical data trend for SolarBank's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SolarBank Dividend Payout Ratio Chart

SolarBank Annual Data

Trend

Jun22

Jun23

Dividend Payout Ratio

SolarBank Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of SolarBank's Dividend Payout Ratio

For the Utilities - Renewable subindustry, SolarBank's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

SolarBank's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SolarBank's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where SolarBank's Dividend Payout Ratio falls into.

SolarBank Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

SolarBank's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0	/	0.074
	=	0.00

SolarBank's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.115
	=	0.00

SolarBank (NEOE:SUNN) Dividend Payout Ratio Explanation

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.

SolarBank Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of SolarBank's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

SolarBank (NEOE:SUNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SolarBank Corp (NEOE:SUNN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SUUNF:USA GY2:Germany

Address

505 Consumers Road, Suite 803, Toronto, ON, CAN, M2J 4Z2

Website

https://www.solarbankcorp.com

SolarBank Corp is an independent renewable and clean energy project developer and asset operator based in Canada and the United States. It is engaged in the development and operation of solar photovoltaic power generation projects in the province of Ontario and the state of New York. The company operates in two principal geographical areas - Canada and United States with a substantial portion of its overall revenue being generated from United States.

Executives

Xiaohong Zheng

Senior Officer

SolarBank (NEOE:SUNN) Headlines

No Headlines