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Atkore Inc. manufactures and sells electrical, safety, and infrastructure products in the United States and internationally. The company offers electrical products, including conduits cables, and installation accessories. It also provides safety and infrastructure solutions, such as metal framing, mechanical pipe, perimeter security, and cable management. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, Calbond, and Calpipe brands. It serves a group of end markets, including new construction; maintenance, repair, and remodel, as well as infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and government through electrical, industrial, and mechanical contractors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.

Atkore Dividend Announcement

• Atkore announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-08-20
• Atkore annual dividend for 2024 was $0.96
• Atkore's trailing twelve-month (TTM) dividend yield is 1.09%
• Atkore's payout ratio for the trailing twelve months (TTM) is 4.30%

Atkore Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-20$0.32quarterly2024-08-30
2024-05-20$0.32quarterly2024-05-31
2024-02-26$0.32quarterly2024-03-15

Atkore Dividend per year

Atkore Dividend Yield

Atkore current trailing twelve-month (TTM) dividend yield is 1.09%. Interested in purchasing Atkore stock? Use our calculator to estimate your expected dividend yield:

Atkore Financial Ratios

P/E ratio5.93
PEG ratio0.80
P/B ratio2.05
ROE35.43%
Payout ratio4.30%
Current ratio3.26
Quick ratio2.03
Cash Ratio0.65

Atkore Dividend FAQ

Does Atkore stock pay dividends?
Atkore does not currently pay dividends to its shareholders.
Has Atkore ever paid a dividend?
No, Atkore has no a history of paying dividends to its shareholders. Atkore is not known for its dividend payments.
Why doesn't Atkore pay dividends?
There are several potential reasons why Atkore would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Atkore ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Atkore has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Atkore a dividend aristocrat?
Atkore is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Atkore a dividend king?
Atkore is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Atkore a dividend stock?
No, Atkore is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Atkore stocks?
To buy Atkore you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Atkore stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.