Encore Wire's latest quarterly dividend was on Jul 6, 2023 (ex-date) with a payout of $0.02 per share. On an annualized basis, the company has a current payout of $0.08 per share. This brings the dividend yield to 0.04% based on its recent close price.
WIRE has a dividend yield of 0.04% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.52%, Encore Wire's dividend yield is 97% lower. The current dividend yield is less than the historical average of 0.1% of the last 5 years.
Encore Wire has been paying dividends since 2007. WIRE has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock up by 56% from a year ago, the dividend yield has a decrease of 41%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 6, 2023 | Jul 21, 2023 | May 4, 2023 | $0.02 | normal |
| Apr 5, 2023 | Apr 21, 2023 | Feb 17, 2023 | $0.02 | normal |
| Jan 5, 2023 | Jan 20, 2023 | Nov 9, 2022 | $0.02 | normal |
| Oct 6, 2022 | Oct 21, 2022 | Aug 3, 2022 | $0.02 | normal |
| Jun 30, 2022 | Jul 15, 2022 | May 6, 2022 | $0.02 | normal |
| Mar 31, 2022 | Apr 14, 2022 | Feb 16, 2022 | $0.02 | normal |
| Jan 6, 2022 | Jan 21, 2022 | Nov 10, 2021 | $0.02 | normal |
| Sep 30, 2021 | Oct 15, 2021 | Aug 9, 2021 | $0.02 | normal |
| Jul 1, 2021 | Jul 16, 2021 | May 5, 2021 | $0.02 | normal |
| Mar 31, 2021 | Apr 16, 2021 | Feb 23, 2021 | $0.02 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Nov 17, 2020 | $0.02 | normal |
| Oct 1, 2020 | Oct 16, 2020 | Aug 4, 2020 | $0.02 | normal |
| Jul 1, 2020 | Jul 17, 2020 | May 14, 2020 | $0.02 | normal |
| Apr 2, 2020 | Apr 17, 2020 | Feb 17, 2020 | $0.02 | normal |
| Jan 2, 2020 | Jan 17, 2020 | Nov 13, 2019 | $0.02 | normal |
| Oct 3, 2019 | Oct 18, 2019 | Aug 8, 2019 | $0.02 | normal |
| Jul 3, 2019 | Jul 19, 2019 | May 7, 2019 | $0.02 | normal |
| Apr 3, 2019 | Apr 18, 2019 | Feb 22, 2019 | $0.02 | normal |
| Jan 3, 2019 | Jan 18, 2019 | Nov 12, 2018 | $0.02 | normal |
| Oct 4, 2018 | Oct 19, 2018 | Aug 8, 2018 | $0.02 | normal |
| Jul 5, 2018 | Jul 20, 2018 | Jun 28, 2018 | $0.02 | normal |
| Apr 5, 2018 | Apr 20, 2018 | Mar 8, 2018 | $0.02 | normal |
| Jan 4, 2018 | Jan 19, 2018 | Nov 8, 2017 | $0.02 | normal |
| Oct 5, 2017 | Oct 20, 2017 | Aug 8, 2017 | $0.02 | normal |
| Jul 5, 2017 | Jul 21, 2017 | Jun 9, 2017 | $0.02 | normal |
| Apr 5, 2017 | Apr 21, 2017 | Feb 27, 2017 | $0.02 | normal |
| Jan 4, 2017 | Jan 20, 2017 | Dec 12, 2016 | $0.02 | normal |
| Oct 5, 2016 | Oct 21, 2016 | Aug 19, 2016 | $0.02 | normal |
WIRE has a payout ratio of 0.3% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 29.2%, Encore Wire's payout ratio is 99% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| APH Amphenol Corp | 1% | $0.84 | 26.3% |
| BGC BGC Group Inc | 0.76% | $0.04 | 200% |
| PLPC Preformed Line Products Co | 0.49% | $0.8 | 5.6% |
| BDC Belden Inc | 0.21% | $0.2 | 2.9% |
| WIRE Encore Wire Corp | 0.04% | $0.08 | 0.3% |
Yes, Encore Wire has paid four dividends in the last twelve months. WIRE has been paying dividends since 2007.
WIRE has announced its next dividend with ex-date Oct 5, 2023.
Encore Wire's last regular dividend was on Jul 6, 2023 (ex-date) with the amount of $0.02 per share.
WIRE has paid dividend of $0.08 per share in the last year.
Currently Encore Wire's dividend yield is 0.04%.
Encore Wire pays four dividends per year.
Encore Wire's dividend payout ratio is 0.3%.
Encore Wire's dividend yield is less than the Industrials sector average.