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Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. The company's products include NM-B cables for use as interior wiring in homes, apartments, and manufactured housing; THHN/THWN-2 cables and metal-clad and armored cables for use as wiring in commercial and industrial buildings; UF-B cables; XHHW-2 cables; RHH/RHW-2 cables; USE-2 cables; and other types of wire products. It sells its products to wholesale electrical distributors primarily through independent manufacturers' representatives. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas.

Encore Wire Dividend Announcement

Encore Wire announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-05
Encore Wire annual dividend for 2024 was $0.06
Encore Wire annual dividend for 2023 was $0.08
Encore Wire's trailing twelve-month (TTM) dividend yield is 0.02%
Encore Wire's payout ratio for the trailing twelve months (TTM) is 0.42%
Encore Wire's dividend growth over the last ten years (2013-2023) was -2.21% year

Encore Wire Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-05$0.02quarterly2024-07-19
2024-04-04$0.02quarterly2024-04-19
2024-01-04$0.02quarterly2024-01-19
2023-10-05$0.02quarterly2023-10-20
2023-07-06$0.02quarterly2023-07-21
2023-04-05$0.02quarterly2023-04-21
2023-01-05$0.02quarterly2023-01-20
2022-10-06$0.02quarterly2022-10-21
2022-06-30$0.02quarterly2022-07-15
2022-03-31$0.02quarterly2022-04-14
2022-01-06$0.02quarterly2022-01-21
2021-09-30$0.02quarterly2021-10-15
2021-07-01$0.02quarterly2021-07-16
2021-03-31$0.02quarterly2021-04-16
2020-12-30$0.02quarterly2021-01-15
2020-10-01$0.02quarterly2020-10-16
2020-07-01$0.02quarterly2020-07-17
2020-04-02$0.02quarterly2020-04-17
2020-01-02$0.02quarterly2020-01-17
2019-10-03$0.02quarterly2019-10-18
2019-07-03$0.02quarterly2019-07-19
2019-04-03$0.02quarterly2019-04-18
2019-01-03$0.02quarterly2019-01-18
2018-10-04$0.02quarterly2018-10-19
2018-07-05$0.02quarterly2018-07-20
2018-04-05$0.02quarterly2018-04-20
2018-01-04$0.02quarterly2018-01-19
2017-10-05$0.02quarterly2017-10-20
2017-07-05$0.02quarterly2017-07-21
2017-04-05$0.02quarterly2017-04-21
2017-01-04$0.02quarterly2017-01-20
2016-10-05$0.02quarterly2016-10-21
2016-06-29$0.02quarterly2016-07-15
2016-04-07$0.02quarterly2016-04-18
2016-01-06$0.02quarterly2016-01-22
2015-09-30$0.02quarterly2015-10-16
2015-07-08$0.02quarterly2015-07-24
2015-03-31$0.02quarterly2015-04-17
2014-12-30$0.02quarterly2015-01-16
2014-10-01$0.02quarterly2014-10-17
2014-07-09$0.02quarterly2014-07-25
2014-04-02$0.02quarterly2014-04-18
2013-12-31$0.02quarterly2014-01-17
2013-10-02$0.02quarterly2013-10-18
2013-07-02$0.02quarterly2013-07-19
2013-04-03$0.02quarterly2013-04-19
2013-01-02$0.02quarterly2013-01-18

Encore Wire Dividend per year

Encore Wire Dividend growth

Encore Wire Dividend Yield

Encore Wire current trailing twelve-month (TTM) dividend yield is 0.02%. Interested in purchasing Encore Wire stock? Use our calculator to estimate your expected dividend yield:

Encore Wire Financial Ratios

P/E ratio14.43
PEG ratio0.50
P/B ratio2.52
ROE17.77%
Payout ratio0.42%
Current ratio7.49
Quick ratio6.46
Cash Ratio3.65

Encore Wire Dividend FAQ

How much is the next Encore Wire dividend?
Encore Wire's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Encore Wire dividend. The next Encore Wire dividend will be released in January, April, July, or October.
When is Encore Wire dividend paid?
Encore Wire pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Encore Wire pay?
The specific amount of Encore Wire dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Encore Wire's dividend history.
Does Encore Wire stock pay dividends?
Yes, Encore Wire does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Encore Wire's dividend history.
How much dividend does Encore Wire pay?
Encore Wire paid $0.06 in 2024, $0.08 in 2023, $0.08 in 2022, $0.06 in 2021, and $0.1 in 2020.
How often does Encore Wire pay dividends?
Encore Wire typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Encore Wire's dividend yield?
The current dividend yield for Encore Wire is 0.02%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Encore Wire's exact dividend yield.
When does Encore Wire go ex dividend?
Encore Wire's ex-dividend date for the latest dividend was on 2024-07-05. Encore Wire typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Encore Wire dividend paid?
Encore Wire pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Encore Wire increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Encore Wire will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Encore Wire dividend per share?
Encore Wire paid $0.06 per share in 2024 and $0.08 per share in 2023. The amount of dividend per share that Encore Wire pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Encore Wire a dividend aristocrat?
No, 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 Encore Wire a dividend king?
No, 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 Encore Wire a dividend stock?
Yes, Encore Wire is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Encore Wire a good dividend stock?
Whether Encore Wire is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Encore Wire has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Encore Wire as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Encore Wire pay dividends monthly?
Encore Wire typically pays dividends on a quarterly basis.
Does Encore Wire pay dividends quarterly?
Encore Wire currently pays dividends on a quarterly basis.
Has Encore Wire ever paid a dividend?
Yes, Encore Wire has a history of paying dividends to its shareholders. Encore Wire is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Encore Wire dividend stocks?
To buy Encore Wire 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Encore Wire 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.
When does Encore Wire pay dividends 2024?
Encore Wire pays dividends on a quarterly basis. 2024 dividend payments are in 2024-07-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Encore Wire increase its dividend in 2024?
Decisions regarding Encore Wire dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Encore Wire dividend overview you can look into the above table of dividend history.
How Encore Wire dividend works?
The Encore Wire dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Encore Wire's dividend process works:

1. Determination of Dividend: Encore Wire's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Encore Wire publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Encore Wire distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Encore Wire are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Encore Wire dividends paid?
Encore Wire dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Encore Wire sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Encore Wire distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Encore Wire declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Encore Wire pay dividends?
Encore Wire typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Encore Wire pay dividends?
The general pattern is that Encore Wire pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Encore Wire dividend safe?
The safety of Encore Wire's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Encore Wire's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Encore Wire's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.