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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |