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Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.

Omega Flex Dividend Announcement

Omega Flex announced a quarterly dividend of $0.34 per ordinary share which will be made payable on 2024-10-08. Ex dividend date: 2024-09-26
Omega Flex annual dividend for 2024 was $1.01
Omega Flex annual dividend for 2023 was $1.31
Omega Flex's trailing twelve-month (TTM) dividend yield is 2.61%
Omega Flex's payout ratio for the trailing twelve months (TTM) is 73.68%
Omega Flex's dividend growth over the last five years (2018-2023) was 6.86% year
Omega Flex's dividend growth over the last ten years (2013-2023) was 11.91% year

Omega Flex Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-26$0.34quarterly2024-10-08
2024-06-26$0.34quarterly2024-07-10
2024-04-09$0.33quarterly2024-04-24
2023-12-18$0.33quarterly2024-01-04
2023-09-22$0.33quarterly2023-10-06
2023-06-23$0.33quarterly2023-07-07
2023-04-06$0.32quarterly2023-04-24
2022-12-16$0.32quarterly2023-01-04
2022-10-11$0.32quarterly2022-10-24
2022-06-23$0.32quarterly2022-07-05
2022-04-08$0.30quarterly2022-04-25
2021-12-20$0.30quarterly2021-12-30
2021-09-24$0.30quarterly2021-10-04
2021-06-21$0.30quarterly2021-07-06
2021-04-01$0.28quarterly2021-04-14
2020-12-18$0.28quarterly2021-01-05
2020-10-02$0.28quarterly2020-10-13
2020-07-02$0.28quarterly2020-07-13
2020-04-09$0.28quarterly2020-04-17
2019-12-24$3.50quarterly2020-01-03
2019-12-23$0.28quarterly
2019-09-19$0.28quarterly2019-10-02
2019-06-21$0.28quarterly2019-07-02
2019-04-18$0.24quarterly2019-04-29
2018-12-21$0.24quarterly2019-01-03
2018-09-20$0.24quarterly2018-10-02
2018-06-15$0.24quarterly2018-07-03
2018-04-20$0.22quarterly2018-04-30
2017-12-22$0.22quarterly2018-01-03
2017-09-21$0.22quarterly2017-10-03
2017-06-16$0.22quarterly2017-07-03
2016-12-21$0.85quarterly2017-01-06
2015-12-17$0.85quarterly2016-01-06
2014-12-18$0.49quarterly2015-01-05
2013-12-17$0.42quarterly2014-01-02

Omega Flex Dividend per year

Omega Flex Dividend growth

Omega Flex Dividend Yield

Omega Flex current trailing twelve-month (TTM) dividend yield is 2.61%. Interested in purchasing Omega Flex stock? Use our calculator to estimate your expected dividend yield:

Omega Flex Financial Ratios

P/E ratio28.45
PEG ratio4.22
P/B ratio6.32
ROE22.71%
Payout ratio73.68%
Current ratio5.39
Quick ratio4.32
Cash Ratio3.05

Omega Flex Dividend FAQ

How much is the next Omega Flex dividend?
Omega Flex's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Omega Flex dividend. The next Omega Flex dividend will be released in April, June, September, or December.
When is Omega Flex dividend paid?
Omega Flex pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, 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 Omega Flex pay?
The specific amount of Omega Flex 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 Omega Flex's dividend history.
Does Omega Flex stock pay dividends?
Yes, Omega Flex 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 Omega Flex's dividend history.
How much dividend does Omega Flex pay?
Omega Flex paid $1.01 in 2024, $1.31 in 2023, $1.26 in 2022, $1.18 in 2021, and $1.12 in 2020.
How often does Omega Flex pay dividends?
Omega Flex 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 April, June, September, and December.
What is Omega Flex's dividend yield?
The current dividend yield for Omega Flex is 2.61%. 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 Omega Flex's exact dividend yield.
When does Omega Flex go ex dividend?
Omega Flex's ex-dividend date for the latest dividend was on 2024-09-26. Omega Flex 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 Omega Flex dividend paid?
Omega Flex pays dividends on a quarterly basis, typically around April, June, September, or December, but the exact dates can vary each year.
Will Omega Flex 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 Omega Flex 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 Omega Flex dividend per share?
Omega Flex paid $1.01 per share in 2024 and $1.31 per share in 2023. The amount of dividend per share that Omega Flex 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 Omega Flex 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 Omega Flex 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 Omega Flex a dividend stock?
Yes, Omega Flex is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Omega Flex a good dividend stock?
Whether Omega Flex is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Omega Flex has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Omega Flex 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 Omega Flex pay dividends monthly?
Omega Flex typically pays dividends on a quarterly basis.
Does Omega Flex pay dividends quarterly?
Omega Flex currently pays dividends on a quarterly basis.
Has Omega Flex ever paid a dividend?
Yes, Omega Flex has a history of paying dividends to its shareholders. Omega Flex is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Omega Flex dividend stocks?
To buy Omega Flex 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 Omega Flex 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 Omega Flex pay dividends 2024?
Omega Flex pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-08. 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 Omega Flex increase its dividend in 2024?
Decisions regarding Omega Flex 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 Omega Flex dividend overview you can look into the above table of dividend history.
How Omega Flex dividend works?
The Omega Flex 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 Omega Flex's dividend process works:

1. Determination of Dividend: Omega Flex'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, Omega Flex 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, Omega Flex 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 Omega Flex 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 Omega Flex dividends paid?
Omega Flex dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Omega Flex 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, Omega Flex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Omega Flex 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 Omega Flex pay dividends?
Omega Flex 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 Omega Flex pay dividends?
The general pattern is that Omega Flex pays dividends around April, 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 Omega Flex dividend safe?
The safety of Omega Flex'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 Omega Flex'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 Omega Flex'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.