Interface's most recent quarterly dividend was on Mar 30, 2023 (ex-date) with a cash dividend payment of $0.01 per share. On an annualized basis, the company has a current payout of $0.04 per share. This brings the dividend yield to 0.57% based on its recent close price.
TILE has a dividend yield of 0.57% which is below the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 2.53%, Interface's dividend yield is 77% lower. The historical 5-year average of TILE's dividend yield is 1.1%, which is above the current yield.
Interface has a long history of dividend payments, including the last 16 consecutive years with dividend payouts. TILE has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But since the stock price has gone down by 52% from a year ago, the dividend yield has increased by 108%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 30, 2023 | Apr 14, 2023 | Mar 14, 2023 | $0.01 | normal |
| Dec 1, 2022 | Dec 16, 2022 | Nov 15, 2022 | $0.01 | normal |
| Sep 1, 2022 | Sep 16, 2022 | Aug 16, 2022 | $0.01 | normal |
| Jun 2, 2022 | Jun 17, 2022 | May 17, 2022 | $0.01 | normal |
| Mar 31, 2022 | Apr 15, 2022 | Mar 15, 2022 | $0.01 | normal |
| Dec 2, 2021 | Dec 17, 2021 | Nov 16, 2021 | $0.01 | normal |
| Sep 2, 2021 | Sep 17, 2021 | Aug 17, 2021 | $0.01 | normal |
| Jun 3, 2021 | Jun 18, 2021 | May 18, 2021 | $0.01 | normal |
| Mar 31, 2021 | Apr 16, 2021 | Mar 16, 2021 | $0.01 | normal |
| Dec 3, 2020 | Dec 18, 2020 | Nov 17, 2020 | $0.01 | normal |
| Sep 3, 2020 | Sep 18, 2020 | Aug 18, 2020 | $0.01 | normal |
| Jun 4, 2020 | Jun 19, 2020 | May 19, 2020 | $0.01 | normal |
| Mar 26, 2020 | Apr 10, 2020 | Mar 10, 2020 | $0.065 | normal |
| Nov 7, 2019 | Nov 22, 2019 | Oct 23, 2019 | $0.065 | normal |
| Aug 8, 2019 | Aug 23, 2019 | Jul 24, 2019 | $0.065 | normal |
| May 9, 2019 | May 24, 2019 | Apr 24, 2019 | $0.065 | normal |
| Mar 7, 2019 | Mar 22, 2019 | Feb 19, 2019 | $0.065 | normal |
| Nov 8, 2018 | Nov 23, 2018 | Oct 24, 2018 | $0.065 | normal |
| Aug 9, 2018 | Aug 24, 2018 | Jul 25, 2018 | $0.065 | normal |
| May 10, 2018 | May 25, 2018 | Apr 25, 2018 | $0.065 | normal |
| Mar 8, 2018 | Mar 23, 2018 | Feb 21, 2018 | $0.065 | normal |
| Nov 9, 2017 | Nov 24, 2017 | Oct 25, 2017 | $0.065 | normal |
| Aug 9, 2017 | Aug 25, 2017 | Jul 26, 2017 | $0.065 | normal |
| May 10, 2017 | May 26, 2017 | Apr 26, 2017 | $0.06 | normal |
| Mar 8, 2017 | Mar 24, 2017 | Feb 22, 2017 | $0.06 | normal |
| Nov 8, 2016 | Nov 25, 2016 | Oct 26, 2016 | $0.06 | normal |
| Aug 10, 2016 | Aug 26, 2016 | Jul 27, 2016 | $0.06 | normal |
TILE has a payout ratio of 44.4% which is higher than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 33.9%, Interface's payout ratio is 31% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SCS Steelcase Inc | 6.86% | $0.45 | 148.3% |
| HNI Hni Corp | 5.02% | $1.28 | 47.4% |
| AWI Armstrong World Industries Inc | 1.59% | $0.99 | 22.1% |
| AIN Albany International Corp | 1.08% | $0.92 | 30.3% |
| TILE Interface Inc | 0.58% | $0.04 | 44.4% |
Yes, Interface has paid four dividends in the last twelve months. TILE has been paying dividends since 2007.
TILE has announced its next dividend with ex-date Jun 1, 2023.
Interface's last dividend ex-date was on Mar 30, 2023. The dividend amount was $0.01 per share.
On an annual basis TILE pays $0.04 per share.
The current dividend yield of Interface is 0.57%.
Interface has a quarterly dividend frequency.
Interface's dividend payout ratio is 44.4%.
Interface's dividend yield is below the Consumer Cyclical sector average.