Solex Energy (NSE:SMSOLEX) Dividend Payout Ratio : 0.17 (As of Sep. 2023)

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What is Solex Energy Dividend Payout Ratio?

Solex Energy's dividend payout ratio for the months ended in Sep. 2023 was 0.17.

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

NSE:SMSOLEX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.21
Current: 0.03

During the past 9 years, the highest Dividend Payout Ratio of Solex Energy was 0.21. The lowest was 0.03. And the median was 0.10.

NSE:SMSOLEX's Dividend Payout Ratio is ranked better than
98.7% of 462 companies
in the Semiconductors industry
Industry Median: 0.45 vs NSE:SMSOLEX: 0.03

As of today (2024-05-24), the Dividend Yield % of Solex Energy is 0.01%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Solex Energy was 4.76%. The lowest was 0.01%. And the median was 0.93%.

Solex Energy's Dividends per Share for the months ended in Sep. 2023 was ₹0.15.

During the past 3 years, the average Dividends Per Share Growth Rate was -33.10% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Solex Energy was -33.10% per year. The lowest was -33.10% per year. And the median was -33.10% per year.

The growth rate is calculated with least square regression.

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

Solex Energy Dividend Payout Ratio Historical Data

The historical data trend for Solex Energy'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.

Solex Energy Dividend Payout Ratio Chart

Solex Energy Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.10

0.05

0.16

0.21

0.04

Solex Energy Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial											0.41	-	-	-	0.17

Competitive Comparison of Solex Energy's Dividend Payout Ratio

For the Solar subindustry, Solex Energy'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.

Solex Energy's Dividend Payout Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solex Energy's Dividend Payout Ratio distribution charts can be found below:

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

Solex Energy Dividend Payout Ratio Calculation

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

Solex Energy's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.15	/	3.39
	=	0.04

Solex Energy's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.15	/	0.91
	=	0.16

Solex Energy (NSE:SMSOLEX) 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.

Solex Energy Dividend Payout Ratio Related Terms

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

Solex Energy (NSE:SMSOLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solex Energy Ltd (NSE:SMSOLEX) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

Near Madhuvan Circle, L.P. Savani Road, 310-303, Trinity Business Park, Pal, Surat, GJ, IND, 395009

Website

https://www.solex.in

Solex Energy Ltd is engaged in providing renewable energy solutions, specializing in the manufacturing of solar photovoltaic modules, solar home lights, solar street lights, solar lanterns, solar power plants, solar inverters, and solar water, among others.

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