Omega Flex Stock Dividends Overview

OFLX pays dividends quarterly. Last paid amount was $0.330 at Apr 24, 2024. As of today, dividend yield (TTM) is 1.72%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.72%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.330
Omega Flex has not yet announced its next dividend date. Last payment date was: Apr 24, 2024.

OFLX Dividend Payout History

To ensure a understanding of OFLX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 09, 2024 Apr 09, 2024 Apr 24, 2024 $0.330 0.489%
2 Dec 06, 2023 Dec 18, 2023 Jan 04, 2024 $0.330 0.469%
3 Sep 11, 2023 Sep 22, 2023 Oct 06, 2023 $0.330 0.420%
4 Jun 12, 2023 Jun 23, 2023 Jul 07, 2023 $0.330 0.343%
5 Mar 28, 2023 Apr 06, 2023 Apr 24, 2023 $0.320 0.287%
6 Dec 07, 2022 Dec 16, 2022 Jan 04, 2023 $0.320 0.344%
7 Sep 30, 2022 Oct 11, 2022 Oct 24, 2022 $0.320 0.373%
8 Jun 10, 2022 Jun 23, 2022 Jul 05, 2022 $0.320 0.302%
9 Mar 29, 2022 Apr 08, 2022 Apr 25, 2022 $0.300 0.264%
10 Dec 09, 2021 Dec 20, 2021 Dec 30, 2021 $0.300 0.241%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (86.47%)

Growth potential

Stable (37.83%)

OFLX Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from OFLX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in OFLX stock here.

Comparing OFLX to Sector and Country

OFLX pays a solid dividend yield of 1.72%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.526%). OFLX’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.44%), which means that there are more attractive dividend stocks to consider.

OFLX Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Omega Flex 681.163M $0.330 1.72% 63.21%
Marten Transport 1.368B $0.0600 1.19% 25.44%
Astec Industries 976.147M - 0.99% 35.22%
Columbus McKinnon Corporation 1.213B $0.0700 0.757% 16.48%
Primoris Services Corporation 2.545B $0.0600 0.709% 10.13%
Heartland Express 787.341M $0.0200 0.595% -36.62%
TRS
TriMas Corporation 1.097B - 0.483% 16.60%
ICF International 2.702B $0.140 0.426% 12.75%
Encore Wire Corporation 4.469B $0.0200 0.0405% 0.419%

FAQ

What factors can affect the amount of OFLX's dividend payments?
The amount of OFLX's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in OFLX sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from OFLX stock be automatically reinvested?
If OFLX offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy OFLX stock.

How often does OFLX pay dividend?
Omega Flex (OFLX) pays dividends quarterly. The most recent payout was on Apr 24, 2024.

How much does OFLX pays per share?
The last recorder (Apr 09, 2024) dividend per share was $0.330.

What is OFLX dividend growth rate?
Over the last year, Omega Flex has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 3.23%. Furthermore, examining the past 5 years, Omega Flex has maintained an average Dividends Per Share Growth Rate of 3.34%.
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About Omega Flex

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 Tr... OFLX Profile

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