Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.
Insteel Industries Dividend Announcement
• Insteel Industries announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-13
• Insteel Industries annual dividend for 2024 was $0.09
• Insteel Industries annual dividend for 2023 was $2.62
• Insteel Industries's trailing twelve-month (TTM) dividend yield is 9.72%
• Insteel Industries's payout ratio for the trailing twelve months (TTM) is 263.88%
• Insteel Industries's dividend growth over the last five years (2018-2023) was 85.28% year
• Insteel Industries's dividend growth over the last ten years (2013-2023) was 36.12% year
Insteel Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-13 | $0.03 | quarterly | 2024-09-27 |
| 2024-06-14 | $0.03 | quarterly | 2024-06-28 |
| 2024-03-14 | $0.03 | quarterly | 2024-03-29 |
| 2023-12-07 | $2.53 | quarterly | 2023-12-22 |
| 2023-09-14 | $0.03 | quarterly | 2023-09-29 |
| 2023-06-15 | $0.03 | quarterly | 2023-06-30 |
| 2023-03-16 | $0.03 | quarterly | 2023-03-31 |
| 2022-12-08 | $2.03 | quarterly | 2022-12-23 |
| 2022-09-15 | $0.03 | quarterly | 2022-09-30 |
| 2022-06-09 | $0.03 | quarterly | 2022-06-24 |
| 2022-03-10 | $0.03 | quarterly | 2022-03-25 |
| 2021-12-01 | $2.00 | quarterly | 2021-12-17 |
| 2021-09-09 | $0.03 | quarterly | 2021-09-24 |
| 2021-06-10 | $0.03 | quarterly | 2021-06-25 |
| 2021-03-11 | $0.03 | quarterly | 2021-03-26 |
| 2020-11-30 | $1.50 | quarterly | 2020-12-18 |
| 2020-09-10 | $0.03 | quarterly | 2020-09-25 |
| 2020-06-11 | $0.03 | quarterly | 2020-06-26 |
| 2020-03-12 | $0.03 | quarterly | 2020-03-27 |
| 2019-12-13 | $0.03 | quarterly | 2020-01-03 |
| 2019-09-12 | $0.03 | quarterly | 2019-09-27 |
| 2019-06-13 | $0.03 | quarterly | 2019-06-28 |
| 2019-03-14 | $0.03 | quarterly | 2019-03-29 |
| 2018-12-13 | $0.03 | quarterly | 2019-01-04 |
| 2018-09-13 | $0.03 | quarterly | 2018-09-28 |
| 2018-06-14 | $0.03 | quarterly | 2018-06-29 |
| 2018-03-15 | $0.03 | quarterly | 2018-03-30 |
| 2017-12-19 | $1.03 | quarterly | 2018-01-05 |
| 2017-09-14 | $0.03 | quarterly | 2017-09-29 |
| 2017-06-14 | $0.03 | quarterly | 2017-06-30 |
| 2017-03-15 | $0.03 | quarterly | 2017-03-31 |
| 2016-12-12 | $1.28 | quarterly | 2017-01-06 |
| 2016-09-14 | $0.03 | quarterly | 2016-09-30 |
| 2016-06-08 | $0.03 | quarterly | 2016-06-24 |
| 2016-03-09 | $0.03 | quarterly | 2016-03-25 |
| 2015-12-09 | $1.00 | quarterly | 2015-12-29 |
| 2015-09-09 | $0.03 | quarterly | 2015-09-25 |
| 2015-06-10 | $0.03 | quarterly | 2015-06-26 |
| 2015-03-11 | $0.03 | quarterly | 2015-03-27 |
| 2014-12-08 | $0.03 | quarterly | 2014-12-26 |
| 2014-09-10 | $0.03 | quarterly | 2014-09-26 |
| 2014-06-11 | $0.03 | quarterly | 2014-06-27 |
| 2014-03-12 | $0.03 | quarterly | 2014-03-28 |
| 2013-12-09 | $0.03 | quarterly | 2013-12-27 |
| 2013-09-11 | $0.03 | quarterly | 2013-09-27 |
| 2013-06-12 | $0.03 | quarterly | 2013-06-28 |
| 2013-03-13 | $0.03 | quarterly | 2013-03-29 |
Insteel Industries Dividend per year
Insteel Industries Dividend growth
Insteel Industries Dividend Yield
Insteel Industries current trailing twelve-month (TTM) dividend yield is 9.72%. Interested in purchasing Insteel Industries stock? Use our calculator to estimate your expected dividend yield:
Insteel Industries Financial Ratios
P/E ratio27.55
PEG ratio-1.29
P/B ratio1.52
ROE5.63%
Payout ratio263.88%
Current ratio5.68
Quick ratio3.79
Cash Ratio2.37
Insteel Industries Dividend FAQ
How much is the next Insteel Industries dividend?
Insteel Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Insteel Industries dividend. The next Insteel Industries dividend will be released in March, June, September, or December.
When is Insteel Industries dividend paid?
Insteel Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 Insteel Industries pay?
The specific amount of Insteel Industries 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 Insteel Industries's dividend history.
Does Insteel Industries stock pay dividends?
Yes, Insteel Industries 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 Insteel Industries's dividend history.
How much dividend does Insteel Industries pay?
Insteel Industries paid $0.09 in 2024, $2.62 in 2023, $2.12 in 2022, $2.09 in 2021, and $1.59 in 2020.
How often does Insteel Industries pay dividends?
Insteel Industries 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 March, June, September, and December.
What is Insteel Industries's dividend yield?
The current dividend yield for Insteel Industries is 9.72%. 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 Insteel Industries's exact dividend yield.
When does Insteel Industries go ex dividend?
Insteel Industries's ex-dividend date for the latest dividend was on 2024-09-13. Insteel Industries 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 Insteel Industries dividend paid?
Insteel Industries pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Insteel Industries 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 Insteel Industries 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 Insteel Industries dividend per share?
Insteel Industries paid $0.09 per share in 2024 and $2.62 per share in 2023. The amount of dividend per share that Insteel Industries 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 Insteel Industries 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 Insteel Industries 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 Insteel Industries a dividend stock?
Yes, Insteel Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Insteel Industries a good dividend stock?
Whether Insteel Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Insteel Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Insteel Industries 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.
Other factors to consider when evaluating Insteel Industries 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 Insteel Industries pay dividends monthly?
Insteel Industries typically pays dividends on a quarterly basis.
Does Insteel Industries pay dividends quarterly?
Insteel Industries currently pays dividends on a quarterly basis.
Has Insteel Industries ever paid a dividend?
Yes, Insteel Industries has a history of paying dividends to its shareholders. Insteel Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Insteel Industries dividend stocks?
To buy Insteel Industries 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 Insteel Industries 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.
Place an order: Use the brokerage's trading platform to place an order to buy Insteel Industries 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 Insteel Industries pay dividends 2024?
Insteel Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-27. 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 Insteel Industries increase its dividend in 2024?
Decisions regarding Insteel Industries 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 Insteel Industries dividend overview you can look into the above table of dividend history.
How Insteel Industries dividend works?
The Insteel Industries 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 Insteel Industries's dividend process works:
1. Determination of Dividend: Insteel Industries'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, Insteel Industries 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, Insteel Industries 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 Insteel Industries 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.
1. Determination of Dividend: Insteel Industries'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, Insteel Industries 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, Insteel Industries 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 Insteel Industries 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 Insteel Industries dividends paid?
Insteel Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Insteel Industries 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, Insteel Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Insteel Industries 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.
1. Record Date: Insteel Industries 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, Insteel Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Insteel Industries 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 Insteel Industries pay dividends?
Insteel Industries 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 Insteel Industries pay dividends?
The general pattern is that Insteel Industries pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Insteel Industries dividend safe?
The safety of Insteel Industries'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 Insteel Industries'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 Insteel Industries'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.
To assess the safety of Insteel Industries'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 Insteel Industries'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.