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Tandy Leather Factory, Inc., together with its subsidiaries, operates as a retailer of leather and leathercraft-related items in North America and Spain. It offers leather, hand tools, hardware, kits, liquids, teaching materials, open workbenches, machinery, and related accessories and supplies. The company also manufactures leather laces, cut leather pieces, do-it-yourself kits, thread laces, belt strips and straps, and Craftaids. In addition, it offers production services, including cutting, splitting, and assembly services to business customers. The company sells its products under the Tandy Leather, Eco-Flo, Craftool, CraftoolPro, Dr. Jackson's, and TandyPro brand names through company-owned stores; and orders generated from its websites, such as tandyleather.com, tandyleather.ca, tandyleather.eu, and tandyleather.com.au. It operates 106 retail stores, including 95 stores in the United States; ten stores in Canada; and one store in Spain. The company was formerly known as The Leather Factory, Inc. and changed its name to Tandy Leather Factory, Inc. in 2005. Tandy Leather Factory, Inc. was founded in 1919 and is headquartered in Fort Worth, Texas.

Tandy Leather Factory Dividend Announcement

• Tandy Leather Factory announced a annually dividend of $0.25 per ordinary share which will be made payable on 2014-08-01. Ex dividend date: 2014-07-02
• Tandy Leather Factory's trailing twelve-month (TTM) dividend yield is -%

Tandy Leather Factory Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-07-02$0.25annually2014-08-01
2012-02-28$0.25annually2012-04-02
2010-06-01$0.75annually2010-07-05

Tandy Leather Factory Dividend per year

Tandy Leather Factory Dividend Yield

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

Tandy Leather Factory Financial Ratios

P/E ratio11.31
PEG ratio3.05
P/B ratio0.63
ROE5.69%
Payout ratio0.00%
Current ratio6.42
Quick ratio1.72
Cash Ratio1.46

Tandy Leather Factory Dividend FAQ

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