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Q.E.P. Co., Inc., together with its subsidiaries, manufactures, markets, and distributes a range of hardwood flooring, flooring installation tools, adhesives, and flooring related products for the professional installer markets. It operates through three segments: North America, Europe, and Australia/New Zealand. The company's product portfolio includes tile saws, blades, and accessories; tile cutters and accessories; hand tools; tile spacers; scrapers; trowels and floats; mixers and paddles; drill bits, hole saws, and jigsaw blades; scarpers and blades clean-up, repair, and maintenance products; knee pads and safety tools; installation kits; underlayment products; cement boards and masonry tools; and Brutus products. The company markets its products under the QEP, LASH, Roberts, Harris Flooring Group, Capitol, HarrisWood, Kraus, Naturally Aged Flooring, Vitrex, Homelux, Brutus, PRCI, Plasplugs, Tomecanic, Premix-Marbletite (PMM), Apple Creek, and Elastimentt brands. It sells its products to home improvement retail centers, specialty distribution outlets, and flooring dealers. Q.E.P. Co., Inc. was founded in 1979 and is based in Boca Raton, Florida.

Q.E.P. Dividend Announcement

Q.E.P. announced a semi annually dividend of $1.00 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-05-31
Q.E.P. annual dividend for 2024 was $2.00
Q.E.P.'s trailing twelve-month (TTM) dividend yield is 5.87%
Q.E.P.'s payout ratio for the trailing twelve months (TTM) is 343.01%

Q.E.P. Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-31$1.00semi annually2024-06-26
2024-01-19$1.00semi annually2024-02-16
2021-07-13$0.05semi annually2021-08-18
2018-01-16$1.05semi annually2018-02-14

Q.E.P. Dividend per year

Q.E.P. Dividend Yield

Q.E.P. current trailing twelve-month (TTM) dividend yield is 5.87%. Interested in purchasing Q.E.P. stock? Use our calculator to estimate your expected dividend yield:

Q.E.P. Financial Ratios

P/E ratio116.44
PEG ratio-0.40
P/B ratio1.47
ROE1.28%
Payout ratio343.01%
Current ratio2.78
Quick ratio1.84
Cash Ratio0.87

Q.E.P. Dividend FAQ

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