Shoals Technologies SHLS
NASDAQ SHLS
$6.99 -0.07 (-0.96%)
As of: Sep 10, 2026 · 9:34 AM EDT

Shoals Technologies (SHLS) Dividend Yield (2021 - 2023)

Shoals Technologies' (SHLS) quarterly Dividend Yield came in at 0.07% in Q1 2023, down 4.0% on a YoY basis from 0.07% in Q1 2022, and down 23.39% quarter-over-quarter from 0.09% in Q3 2022.

Analysis

Shoals Technologies (SHLS) Dividend Yield (2021 - 2023) Analysis & Trends

Shoals Technologies (SHLS) has reported Dividend Yield for 3 consecutive years, with 0.07% the latest figure, recorded in Q1 2023.

  • For the quarter ending Q1 2023, Dividend Yield fell 4.0% year-over-year to 0.07%; the trailing twelve-month figure through Dec 2023 stood at 0.1% (down 9.0% YoY), and the FY2023 full-year result was 0.1%, down 9.0% from the prior year.
  • Dividend Yield fell to 0.07% in Q1 2023 per SHLS's latest filing, from 0.09% in the prior quarter.
  • Across five years, Dividend Yield topped out at 3.37% in Q3 2021 and bottomed at 6.81% in Q4 2021.
  • Historically, Dividend Yield has averaged 0.14% across 3 years, with a median of 0.09% in 2022.
  • The sharpest annual moves came in 2022 and 2023: Dividend Yield sank 328 bps in 2022, then dropped 4 bps in 2023.
  • Over 3 years, Dividend Yield stood at 6.81% in 2021, then soared by 101 bps to 0.09% in 2022, then fell by 23 bps to 0.07% in 2023.
  • According to Business Quant data, Dividend Yield over the past three periods registered 0.07%, 0.09%, and 0.06% for Q1 2023, Q3 2022, and Q2 2022 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 21.41 Bn 19.69 Bn 605.00 Mn
2 Nextpower 12.04 Bn 10.82 Bn 335.85 Mn
3 Enphase Energy 4.71 Bn 3.77 Bn 175.01 Mn
4 Solaredge Technologies 2.16 Bn 1.58 Bn 95.15 Mn
5 T1 Energy 1.30 Bn 1.09 Bn 49.10 Mn
6 Shoals Technologies 1.17 Bn 1.16 Bn 49.53 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn
8 Array Technologies 674.55 Mn 367.25 Mn 99.60 Mn
9 JinkoSolar Holding 616.90 Mn -2.07 Bn 75.62 Mn
10 Toyo 129.43 Mn 19.38 Mn 36.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2023 0.07%
Sep 30, 2022 0.09%
Jun 30, 2022 0.06%
Mar 31, 2022 0.10%
Dec 31, 2021 -6.81%
Sep 30, 2021 3.37%
Mar 31, 2021 2.15%