Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) will begin trading ex-dividend on September 4, 2020. The quarterly dividend payment of $ 0.105 per share is scheduled to be paid on September 17, 2020. The dividend yield based on the latest trading day closing price was 5.24 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Solaris Oilfield Infrastructure, Inc. recently reported second quarter financial results on July 30, 2020, after market close, the Houston based company announced loss for the second quarter of $ 0.16 per share, from the revenue of $ 9.34 million. The quarterly revenues reduced 83.83 percent compared with the same quarter last year. According to street consensus, SOI was expected to report 2Q20 loss of $ 0.18 per share from revenue of $ 11.55 million. The bottom line results beat street analysts by $ 0.02 or 11.11 percent, at the same time, top line results fell short of analysts by $ 2.21 million or 19.13 percent.
Stock Performance
Shares of Solaris Oilfield Infrastructure, Inc. traded up $ 0.25 or 3.22 percent on Friday, reaching $ 8.01 with volume of 192.50 thousand shares. Solaris Oilfield Infrastructure, Inc. has traded high as $ 8.03 and has cracked $ 7.71 on the downward trend
According to the previous trading day, closing price of $ 8.01, representing a 72.44 % increase from the 52 week low of $ 4.50 and a 48.88 % decrease over the 52 week high of $ 15.18.
The company has a market capital of $ 362.58 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
Solaris Oilfield Infrastructure, Inc. manufactures and rents mobile proppant and chemical management systems to unload, store, and deliver proppant and chemicals at oil and natural gas well sites in the United States. Its systems to transfer large quantities of proppant and chemicals to the well sites.
