GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Insteel Industries Inc (NYSE:IIIN) » Definitions » Dividend Yield %

Insteel Industries (Insteel Industries) Dividend Yield % : 0.37% (As of Apr. 28, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Insteel Industries Dividend Yield %?

As of today (2024-04-28), the Trailing Annual Dividend Yield of Insteel Industries is 0.37%.

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

IIIN' s Dividend Yield % Range Over the Past 10 Years
Min: 0.27   Med: 0.45   Max: 1.06
Current: 0.37

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

IIIN's Dividend Yield % is ranked worse than
89.31% of 1853 companies
in the Industrial Products industry
Industry Median: 1.81 vs IIIN: 0.37

Insteel Industries's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.09.

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.

As of today (2024-04-28), the Forward Dividend Yield % of Insteel Industries is 0.37%.

Insteel Industries's Dividends per Share for the three months ended in Mar. 2024 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 Yield % Historical Data

The historical data trend for Insteel Industries's Dividend Yield % 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 Yield % Chart

Insteel Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.64 0.32 0.45 0.37

Insteel Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % 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 0.43 0.39 0.37 0.31 0.31

Competitive Comparison of Insteel Industries's Dividend Yield %

For the Metal Fabrication subindustry, Insteel Industries's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Insteel Industries's Dividend Yield % falls into.



Insteel Industries Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Insteel Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0302024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0302023-12-072023-12-082023-12-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.0302023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0302023-06-152023-06-162023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Insteel Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.12/32.39
=0.37 %

Current Share Price is $32.39.
Insteel Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.12.

Insteel Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.12/32.39
=0.37 %

Current Share Price is $32.39.
Insteel Industries's Dividends per Share for the forward twelve months is calculated as $0.03 * 4 = $0.12.

* 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Insteel Industries Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Insteel Industries's Dividend Yield % 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

From GuruFocus

Insteel Industries Declares Quarterly Cash Dividend

By PRNewswire PRNewswire 05-18-2021

Insteel Industries Declares Quarterly Cash Dividend

By Business Wire Business Wire 05-16-2023

Insteel Industries Declares Quarterly Cash Dividend

By Business Wire Business Wire 08-17-2021

Insteel Industries Announces Second Quarter 2022 Conference Call

By Business Wire Business Wire 03-21-2022

Insteel Industries Declares Regular Quarterly and Special Cash Dividends

By Business Wire Business Wire 11-15-2022

Insteel Industries Announces First Quarter 2023 Conference Call

By Business Wire Business Wire 12-19-2022

Insteel Industries Declares Quarterly Cash Dividend

By Business Wire Business Wire 08-30-2022