Azz's most recent quarterly dividend of $0.17 per share was on Jul 10, 2024 (ex-date). The annualized payout of $0.68 per share represents a current dividend yield of 0.86%.
Azz's dividend yield of 0.86% is higher than its peers average but lower than the Industrials sector average. In comparison with the Industrials sector average of 1.41%, Azz's dividend yield is 39% lower. Historically AZZ's dividend yield has averaged at 1.5% in the last 5 years, which is higher than the current one.
Azz has a dividend history dating as far as 1995, but when it comes to recent years the company has recorded 15 consecutive years of dividend payments. Our records of AZZ show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 79% from a year ago, the dividend yield has decreased by 44%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 10, 2024 | Jul 31, 2024 | Jun 27, 2024 | $0.17 | normal |
| Apr 16, 2024 | May 2, 2024 | Apr 4, 2024 | $0.17 | normal |
| Jan 29, 2024 | Feb 7, 2024 | Jan 18, 2024 | $0.17 | normal |
| Oct 17, 2023 | Nov 1, 2023 | Oct 5, 2023 | $0.17 | normal |
| Jul 11, 2023 | Jul 26, 2023 | Jun 29, 2023 | $0.17 | normal |
| Apr 25, 2023 | May 17, 2023 | Apr 6, 2023 | $0.17 | normal |
| Jan 27, 2023 | Feb 7, 2023 | Jan 19, 2023 | $0.17 | normal |
| Oct 17, 2022 | Nov 1, 2022 | Oct 7, 2022 | $0.17 | normal |
| Jul 18, 2022 | Aug 2, 2022 | Jun 30, 2022 | $0.17 | normal |
| Apr 25, 2022 | May 17, 2022 | Apr 7, 2022 | $0.17 | normal |
| Jan 24, 2022 | Feb 8, 2022 | Jan 13, 2022 | $0.17 | normal |
| Oct 18, 2021 | Nov 2, 2021 | Oct 8, 2021 | $0.17 | normal |
| Jul 19, 2021 | Aug 3, 2021 | Jul 1, 2021 | $0.17 | normal |
| Apr 26, 2021 | May 11, 2021 | Apr 8, 2021 | $0.17 | normal |
| Jan 25, 2021 | Feb 9, 2021 | Jan 14, 2021 | $0.17 | normal |
| Oct 20, 2020 | Nov 4, 2020 | Oct 8, 2020 | $0.17 | normal |
| Jul 17, 2020 | Aug 3, 2020 | Jul 2, 2020 | $0.17 | normal |
| May 6, 2020 | May 21, 2020 | Apr 22, 2020 | $0.17 | normal |
| Jan 31, 2020 | Feb 18, 2020 | Jan 17, 2020 | $0.17 | normal |
| Oct 18, 2019 | Nov 4, 2019 | Oct 4, 2019 | $0.17 | normal |
| Jul 19, 2019 | Aug 5, 2019 | Jul 2, 2019 | $0.17 | normal |
| Apr 23, 2019 | May 8, 2019 | Apr 5, 2019 | $0.17 | normal |
| Jan 28, 2019 | Feb 12, 2019 | Jan 18, 2019 | $0.17 | normal |
| Oct 15, 2018 | Oct 30, 2018 | Oct 5, 2018 | $0.17 | normal |
| Jul 16, 2018 | Jul 31, 2018 | Jun 29, 2018 | $0.17 | normal |
| Apr 24, 2018 | May 9, 2018 | Apr 6, 2018 | $0.17 | normal |
| Feb 5, 2018 | Feb 20, 2018 | Jan 19, 2018 | $0.17 | normal |
| Oct 17, 2017 | Nov 1, 2017 | Oct 3, 2017 | $0.17 | normal |
| Jul 14, 2017 | Aug 1, 2017 | Jun 30, 2017 | $0.17 | normal |
| Apr 24, 2017 | May 10, 2017 | Apr 7, 2017 | $0.17 | normal |
| Feb 2, 2017 | Feb 20, 2017 | Jan 20, 2017 | $0.17 | normal |
| Oct 14, 2016 | Nov 1, 2016 | Sep 30, 2016 | $0.17 | normal |
| Jul 14, 2016 | Aug 1, 2016 | Jul 5, 2016 | $0.15 | normal |
| Apr 20, 2016 | May 6, 2016 | Apr 8, 2016 | $0.15 | normal |
Azz's payout ratio of 61.3% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 32.7%, Azz's payout ratio is 87% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AZZ Azz Inc | 0.83% | $0.68 | 61.3% |
| VMI Valmont Industries Inc | 0.79% | $2.4 | 31.3% |
| POWL Powell Industries Inc | 0.76% | $1.06 | 12.3% |
| BGC BGC Group Inc | 0.53% | $0.05 | 41.7% |
Yes, Azz has been paying dividends for the last 15 years.
Currently AZZ's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in October 2024.
Azz's last dividend ex-date was on Jul 10, 2024. The dividend amount was $0.17 per share.
AZZ has paid dividend of $0.68 per share in the last year.
The current dividend yield of Azz is 0.86%.
Azz pays dividends quarterly.
Azz's dividend payout ratio is 61.3%.
Azz's dividend yield is lower than the Industrials sector average.