Flexible Solutions International, Inc., together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers. The company offers thermal polyaspartates (TPAs) for oilfields to reduce scale and corrosion in various water systems; and for the agricultural industry to reduce fertilizer crystallization before, during, and after application, as well as to prevent crystal formation between fertilizer and minerals present in the soil. It also provides TPAs for irrigation to prevent early plugging of drip irrigation ports, reduce maintenance costs, and lengthen the life of equipment; and TPAs as additives for household laundry detergents, consumer care products, and pesticides. In addition, the company offers nitrogen conservation products for agriculture that slow down nitrogen loss from fields. Further, it provides HEATSAVR, a chemical product for use in swimming pools and spas that forms a thin and transparent layer on the water's surface; and WATERSAVR to reduce water evaporation in reservoirs, potable water storage tanks, livestock watering ponds, aqueducts, canals, and irrigation ditches, as well as for lawn and turf care, and potted and bedding plants. Flexible Solutions International, Inc. is headquartered in Taber, Canada.
Flexible Solutions International Dividend Announcement
• Flexible Solutions International announced a annually dividend of $0.10 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-04-29
• Flexible Solutions International annual dividend for 2024 was $0.10
• Flexible Solutions International annual dividend for 2023 was $0.05
• Flexible Solutions International's trailing twelve-month (TTM) dividend yield is 2.65%
• Flexible Solutions International's payout ratio for the trailing twelve months (TTM) is 35.01%
Flexible Solutions International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-29 | $0.10 | annually | 2024-05-16 |
2023-04-27 | $0.05 | annually | 2023-05-16 |
2019-09-30 | $0.07 | annually | 2019-10-15 |
2019-03-28 | $0.07 | annually | 2019-04-15 |
2019-03-05 | $0.05 | annually | 2019-03-15 |
Flexible Solutions International Dividend per year
Flexible Solutions International Dividend Yield
Flexible Solutions International current trailing twelve-month (TTM) dividend yield is 2.65%. Interested in purchasing Flexible Solutions International stock? Use our calculator to estimate your expected dividend yield:
Flexible Solutions International Financial Ratios
Flexible Solutions International Dividend FAQ
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.
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