Juke77 The reason that the SOL dividend yield is only roughly 2.64% is because the payout ratio from earnings of $2.44 per share is only 36%.
If you apply a very common 60% payout ratio, the Div yield would be 4.29%.
The Franking Credits are extra IF you can use them.
The company uses the 24% difference to grow the company, which is a good thing.
Cheers
Riv
Juke77 The reason that the SOL dividend yield is only roughly...
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Last
$31.95 |
Change
0.120(0.38%) |
Mkt cap ! $11.53B | |||
| Open | High | Low | Value | Volume |
| $32.00 | $32.05 | $31.75 | $7.742M | 242.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | $31.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.97 | 968 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$31.90 |
Change
0.120 ( 0.08 %) |
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| Open | High | Low | Volume | ||
| $31.91 | $32.05 | $31.76 | 65182 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SOL (ASX) Chart |