IIIN Insteel Industries dividend history, payout ratio & dates
Insteel Industries's latest dividend of $0.03 per share was on Sep 13, 2024 (ex-date). The annualized dividend distribution of $2.59 per share represents a current dividend yield of 8.6%.
Key dates
- IIIN last dividend date: Sep 13, 2024
IIIN dividend stats
vs. Industrials sector
Dividend yield
Insteel Industries's dividend yield of 8.6% is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.36%, Insteel Industries's dividend yield is 532% higher. Historically IIIN's dividend yield has averaged at 2.0% 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 increased by 2,058% for the last twelve months. And with the price of the stock down by 10% from a year ago, the dividend yield has increased by 2,298%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 261.6% is above the Industrials sector, the industry and its peers average. If we compare it with its Industrials sector average of 32.7%, Insteel Industries's payout ratio is 700% 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 | 8.6% | $2.59 | 261.6% |
| OFLX Omega Flex Inc | 2.75% | $1.34 | 73.6% |
| NUE Nucor Corp | 1.44% | $2.16 | 20.8% |
| CMC COMMERCIAL METALS Co | 1.16% | $0.7 | 16.7% |
| VMI Valmont Industries Inc | 0.71% | $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 Sep 13, 2024 (ex-date) with the amount of $0.03 per share.
How much dividend does Insteel Industries pay (per share)?
IIIN has paid dividend of $2.59 per share in the last year.
What is Insteel Industries's dividend yield?
Insteel Industries's current dividend yield is 8.6%.
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 261.6%.
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.