IIIN Insteel Industries dividend history, payout ratio & dates
Insteel Industries's latest dividend of $1.03 per share was on Nov 29, 2024 (ex-date). The annualized dividend distribution of $1.12 per share represents a current dividend yield of 3.95%.
Key dates
- IIIN last dividend date: Nov 29, 2024
IIIN dividend stats
vs. Industrials sector
Dividend yield
Insteel Industries's dividend yield of 3.95% is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.46%, Insteel Industries's dividend yield is 171% higher. Historically IIIN's dividend yield has averaged at 2.1% in the last 5 years, which is lower than the current one.
Dividend history
Insteel Industries has a dividend history dating as far as 1995, but lately the company has recorded 20 consecutive years of dividend payments. Our records of IIIN show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has decreased by 57% for the last twelve months. And with the price of the stock down by 25% from a year ago, the dividend yield has decreased by 43%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 29, 2024 | $1.03 | 3.8% |
| Sep 13, 2024 | $0.03 | 8.18% |
| Jun 14, 2024 | $0.03 | 8.37% |
| Mar 14, 2024 | $0.03 | 7.64% |
| Dec 7, 2023 | $2.5 | 7.54% |
| Sep 14, 2023 | $0.03 | 0.36% |
| Jun 15, 2023 | $0.03 | 0.38% |
| Mar 16, 2023 | $0.03 | 0.44% |
| Dec 8, 2022 | $0.03 | 0.42% |
| Sep 15, 2022 | $0.03 | 0.43% |
| Jun 9, 2022 | $0.03 | 0.28% |
| Mar 10, 2022 | $0.03 | 0.3% |
| Dec 1, 2021 | $0.03 | 0.3% |
| Sep 9, 2021 | $0.03 | 0.34% |
| Jun 10, 2021 | $0.03 | 0.37% |
| Mar 11, 2021 | $0.03 | 0.32% |
| Nov 30, 2020 | $0.03 | 0.52% |
| Sep 10, 2020 | $0.03 | 0.68% |
| Jun 11, 2020 | $0.03 | 0.71% |
| Mar 12, 2020 | $0.03 | 0.92% |
| Dec 13, 2019 | $0.03 | 0.52% |
| Sep 12, 2019 | $0.03 | 0.54% |
| Jun 13, 2019 | $0.03 | 0.63% |
| Mar 14, 2019 | $0.03 | 0.6% |
| Dec 13, 2018 | $0.03 | 0.48% |
| Sep 13, 2018 | $0.03 | 0.32% |
| Jun 14, 2018 | $0.03 | 0.37% |
| Mar 15, 2018 | $0.03 | 0.42% |
| Dec 19, 2017 | $0.03 | 0.43% |
| Sep 14, 2017 | $0.03 | 5.45% |
| Jun 14, 2017 | $0.03 | 4.2% |
| Mar 15, 2017 | $0.03 | 3.78% |
| Dec 12, 2016 | $1.25 | 3.57% |
| Sep 14, 2016 | $0.03 | 3.2% |
| Jun 8, 2016 | $0.03 | 3.8% |
| Mar 9, 2016 | $0.03 | 4.17% |
| Dec 9, 2015 | $1 | 5.11% |
| Sep 9, 2015 | $0.03 | 0.68% |
| Jun 10, 2015 | $0.03 | 0.59% |
| Mar 11, 2015 | $0.03 | 0.6% |
Insteel Industries dividend payout ratio
Payout ratio
Insteel Industries's payout ratio of 113.1% is above the Industrials sector, the industry and its peers average. If we compare it with its Industrials sector average of 33.1%, Insteel Industries's payout ratio is 242% higher.
Total amount of dividends paid per financial year (from cash flow)
IIIN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| IIIN Insteel Industries Inc | 3.95% | $1.12 | 113.1% |
| OFLX Omega Flex Inc | 3.16% | $1.35 | 74.2% |
| NUE Nucor Corp | 1.85% | $2.16 | 20.8% |
| CMC COMMERCIAL METALS Co | 1.39% | $0.7 | 16.7% |
| VMI Valmont Industries Inc | 0.78% | $2.4 | 16.2% |
Frequently asked questions
Does Insteel Industries pay a dividend?
Yes, Insteel Industries has paid four dividends in the last twelve months. IIIN has been paying dividends since 2005.
When was IIIN's last dividend?
Insteel Industries's last regular dividend was on Nov 29, 2024 (ex-date) with the amount of $1.03 per share.
How much dividend does Insteel Industries pay (per share)?
IIIN has paid dividend of $1.12 per share in the last year.
What is Insteel Industries's dividend yield?
Insteel Industries's current dividend yield is 3.95%.
How often does Insteel Industries pay dividends?
Insteel Industries pays dividends quarterly.
What is Insteel Industries's dividend payout ratio?
The dividend payout ratio of Insteel Industries is 113.1%.
Does Insteel Industries pay a good dividend?
Insteel Industries's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.