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Solar Industries India (NSE:SOLARINDS) 3-Year Dividend Growth Rate : 2.30% (As of Dec. 2023)


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What is Solar Industries India 3-Year Dividend Growth Rate?

Solar Industries India's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

The historical rank and industry rank for Solar Industries India's 3-Year Dividend Growth Rate or its related term are showing as below:

NSE:SOLARINDS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -3.1   Med: 22.3   Max: 81.7
Current: 2.3

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 22.30% per year.

NSE:SOLARINDS's 3-Year Dividend Growth Rate is ranked worse than
70.57% of 683 companies
in the Chemicals industry
Industry Median: 10.1 vs NSE:SOLARINDS: 2.30

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 2.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Solar Industries India's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Solar Industries India's Dividend Yield % is 0.08%.

Warning Sign:

Solar Industries India Ltd stock dividend yield is close to 10-year low.

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


Competitive Comparison of Solar Industries India's 3-Year Dividend Growth Rate

For the Specialty Chemicals subindustry, Solar Industries India's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Industries India's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Solar Industries India's 3-Year Dividend Growth Rate falls into.



Solar Industries India 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Solar Industries India  (NSE:SOLARINDS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Solar Industries India's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 22.47
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Solar Industries India was 0.35. The lowest was 0.09. And the median was 0.17.

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

Solar Industries India Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 8.0000002023-06-092023-06-102023-06-30Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Solar Industries India's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=8/9447.30
=0.08 %

Current Share Price is ₹9447.30.
Solar Industries India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹8.

During the past 13 years, the highest Dividend Yield of Solar Industries India was 1.32%. The lowest was 0.08%. And the median was 0.48%.

Warning Sign:

Solar Industries India Ltd stock dividend yield is close to 10-year low.

* 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.


Solar Industries India 3-Year Dividend Growth Rate Related Terms>


Solar Industries India (NSE:SOLARINDS) Business Description

Traded in Other Exchanges
Address
Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023
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

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