SHLS Dividend History - Shoals Technologies

Currently (December 2024) Shoals Technologies Group Inc does not pay a dividend.

As of December 2024, Shoals Technologies (SHLS) does not pay a dividend.
Top Dividend Payers in Electrical Components & Equipment
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
SHLS 695m - -
LIGHT 2,835m 7.34% 6.62%
MRN 546m 6.10% 4.32%
SKF-B 9,008m 3.59% 4.65%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
SHLS 695m - -
NEX 4,885m 47.6% 57.0%
LAGR-B 3,992m 13.9% 62.0%
LR 26,691m 7.23% 61.9%

SHLS Dividend History

No dividends paid yet.

SHLS Dividend History - FAQ

What is the Dividend Yield of SHLS?

As of December 2024 SHLS`s Dividend Yield is 0.00%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of by the current stock price of 5.64.

What is the long-term Dividend Growth Rate of SHLS?

In the last 5 Years the Average Dividend Growth Rate was % per year. This shows that the dividend payments have been stable over time. It is a neutral sign, as it indicates that the dividend payments have been stable over time.

How often does SHLS pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) SHLS paid 0 times a dividend.

What is the Yield on Cost of SHLS?

The 5 Year Yield-On-Cost is %. That's the effective dividend income you'd receive today if you purchased Shoals Technologies five years ago. It is calculated by the Rate of the last 12 Months () divided by the price 5 years ago (30.98).

What is the Payout Consistency of SHLS?

SHLS has a Payout Consistency of 0.0%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of SHLS?

The Overall Dividend Rating of 0.00 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does SHLS have a good Dividend Yield?

SHLS`s 0.00% Dividend Yield is considered as: unknown.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for SHLS?

The next Dividend Date for SHLS is unknown.

What is the Dividend Payout Ratio of SHLS?

The Dividend Payout Ratio of SHLS is unknown. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: SHLS Outstanding Shares

What is the Trend of SHLS`s Outstanding Shares?

The Outstanding Shares of Shoals Technologies are growing at a rate of 0.09% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 60.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Shoals Technologies ever had a Stock Split?

No Stock Splits found.
Year Number of Shares (Mill.) Growth Rate
2018 90000000
2019 166606300 +85.12%
2020 166606300
2021 106233000 -36.24%
2022 168631000 +58.74%
2023 170287000 +0.98%
2024 167381000 -1.71%