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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 dateDividend amountDividend typePay date
2024-04-29$0.10annually2024-05-16
2023-04-27$0.05annually2023-05-16
2019-09-30$0.07annually2019-10-15
2019-03-28$0.07annually2019-04-15
2019-03-05$0.05annually2019-03-15

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

P/E ratio8.76
PEG ratio0.41
P/B ratio1.27
ROE14.90%
Payout ratio35.01%
Current ratio3.17
Quick ratio2.22
Cash Ratio1.04

Flexible Solutions International Dividend FAQ

Does Flexible Solutions International stock pay dividends?
Flexible Solutions International does not currently pay dividends to its shareholders.
Has Flexible Solutions International ever paid a dividend?
No, Flexible Solutions International has no a history of paying dividends to its shareholders. Flexible Solutions International is not known for its dividend payments.
Why doesn't Flexible Solutions International pay dividends?
There are several potential reasons why Flexible Solutions International 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 Flexible Solutions International 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 Flexible Solutions International 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 Flexible Solutions International a dividend aristocrat?
Flexible Solutions International 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 Flexible Solutions International a dividend king?
Flexible Solutions International 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 Flexible Solutions International a dividend stock?
No, Flexible Solutions International 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 Flexible Solutions International stocks?
To buy Flexible Solutions International 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 Flexible Solutions International 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.