Australian (ASX) Stock Market Forum

Solar stocks - when will Australia wake up?

To me this solar industry seems to be dependant on goverment handouts,and most installers are sole traders anyway.Can anyone point me to a solar stock that is say paying a 6% dividend on current price?

origin energy is probably your best best, but it is only paying 3.5% (100% franked) on current price and is at the expensive side.
 
origin energy is probably your best best, but it is only paying 3.5% (100% franked) on current price and is at the expensive side.
Origin is however primarily involved in other activities.

Oil and natural gas exploration and production. Electricity generation at conventional large power stations. LPG distribution and retail. Electricity and gas retail. They also install solar but that isn't the main part of their business.
 
http://reneweconomy.com.au/2012/sola...-picture-78721



Solco, a WA-based company, saw its results swing from a profit to a loss of $3.8 million in the half, and it is now predicting a near 50 per cent slump in sales for the year to $27 million from $52 million. But its latest announcement shows the industry is still trying to get to grips with the scale of the slump – the latest revenue forecast is 15 per cent below its prediction of just one month ago.
 
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