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Insteel Industries (Insteel Industries) Dividend Payout Ratio : 0.50 (As of Dec. 2023)


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What is Insteel Industries Dividend Payout Ratio?

Insteel Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.50.

The historical rank and industry rank for Insteel Industries's Dividend Payout Ratio or its related term are showing as below:

IIIN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.09   Max: 0.41
Current: 0.1


During the past 13 years, the highest Dividend Payout Ratio of Insteel Industries was 0.41. The lowest was 0.02. And the median was 0.09.

IIIN's Dividend Payout Ratio is ranked better than
89.96% of 1673 companies
in the Industrial Products industry
Industry Median: 0.32 vs IIIN: 0.10

As of today (2024-04-25), the Dividend Yield % of Insteel Industries is 0.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Insteel Industries was 1.06%. The lowest was 0.27%. And the median was 0.45%.

Insteel Industries's Dividends per Share for the months ended in Dec. 2023 was $0.03.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Insteel Industries was 117.80% per year. The lowest was -42.20% per year. And the median was 10.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Insteel Industries Dividend Payout Ratio Historical Data

The historical data trend for Insteel Industries's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Insteel Industries Dividend Payout Ratio Chart

Insteel Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.11 0.03 0.02 0.07

Insteel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.12 0.06 0.10 0.50

Competitive Comparison of Insteel Industries's Dividend Payout Ratio

For the Metal Fabrication subindustry, Insteel Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Insteel Industries's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Insteel Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Insteel Industries's Dividend Payout Ratio falls into.



Insteel Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Insteel Industries's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2023 )/ EPS without NRI (A: Sep. 2023 )
=0.12/ 1.66
=0.07

Insteel Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.03/ 0.06
=0.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Insteel Industries (NYSE:IIIN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Insteel Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Insteel Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Insteel Industries (Insteel Industries) Business Description

Traded in Other Exchanges
Address
1373 Boggs Drive, Mount Airy, NC, USA, 27030
Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.
Executives
James F Petelle officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Richard Wagner officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Elizabeth Carroll Southern officer: Vice President-Administration 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Patrick K. Griffin officer: Controller and CAO 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Scot R Jafroodi officer: Chief Accounting Officer 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Woltz H O Iii director, officer: President and CEO 1373 BOGGS DR, MT AIRY NC 27030
James R. York officer: Senior Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Mark A Carano officer: Vice President and CFO 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Joseph A Rutkowski director 2100 REXFORD RD, CHARLOTTE NC 28211
Jon M Ruth director 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Anne H Lloyd director
Michael C Gazmarian officer: Treasurer 1373 BOGGS DR, MT AIRY NC 27030
Charles B Newsome director 1373 BOGGS DR, MT AIRY NC 27030
Rogers W Allen Ii director 1373 BOGGS DR, MT AIRY NC 27030

Insteel Industries (Insteel Industries) Headlines

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