Flowserve's most recent quarterly dividend was on Sep 29, 2022 (ex-date) with a cash dividend payment of $0.2 per share. On an annualized basis, the company has a current payout of $0.8 per share. This brings the dividend yield to 3.2% based on its recent close price.
FLS has a dividend yield of 3.2% which is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.69%, Flowserve's dividend yield is 89% higher. The historical 5-year average of FLS's dividend yield is 2.2%, which is below the current yield.
Flowserve has a long dividend history, including the last 15 consecutive years with dividend payouts. FLS 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 down by 30% from a year ago, the dividend yield has increased by 42%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 29, 2022 | Oct 14, 2022 | Aug 22, 2022 | $0.2 | normal |
| Jun 23, 2022 | Jul 8, 2022 | May 12, 2022 | $0.2 | normal |
| Mar 24, 2022 | Apr 8, 2022 | Feb 17, 2022 | $0.2 | normal |
| Dec 29, 2021 | Jan 14, 2022 | Dec 8, 2021 | $0.2 | normal |
| Sep 23, 2021 | Oct 8, 2021 | Aug 12, 2021 | $0.2 | normal |
| Jun 24, 2021 | Jul 9, 2021 | May 20, 2021 | $0.2 | normal |
| Mar 25, 2021 | Apr 9, 2021 | Feb 17, 2021 | $0.2 | normal |
| Dec 23, 2020 | Jan 8, 2021 | Dec 11, 2020 | $0.2 | normal |
| Sep 17, 2020 | Oct 2, 2020 | Aug 14, 2020 | $0.2 | normal |
| Jun 18, 2020 | Jul 6, 2020 | May 20, 2020 | $0.2 | normal |
| Mar 26, 2020 | Apr 9, 2020 | Feb 24, 2020 | $0.2 | normal |
| Dec 26, 2019 | Jan 10, 2020 | Dec 13, 2019 | $0.19 | normal |
| Sep 19, 2019 | Oct 4, 2019 | Aug 21, 2019 | $0.19 | normal |
| Jun 20, 2019 | Jul 5, 2019 | May 23, 2019 | $0.19 | normal |
| Mar 28, 2019 | Apr 12, 2019 | Mar 7, 2019 | $0.19 | normal |
| Jan 3, 2019 | Jan 18, 2019 | Dec 20, 2018 | $0.19 | normal |
| Sep 20, 2018 | Oct 5, 2018 | Aug 29, 2018 | $0.19 | normal |
| Jun 21, 2018 | Jul 6, 2018 | May 24, 2018 | $0.19 | normal |
| Mar 28, 2018 | Apr 13, 2018 | Feb 28, 2018 | $0.19 | normal |
| Jan 4, 2018 | Jan 19, 2018 | Dec 22, 2017 | $0.19 | normal |
| Sep 21, 2017 | Oct 6, 2017 | Sep 5, 2017 | $0.19 | normal |
| Jun 21, 2017 | Jul 7, 2017 | May 18, 2017 | $0.19 | normal |
| Mar 22, 2017 | Apr 7, 2017 | Feb 16, 2017 | $0.19 | normal |
| Dec 29, 2016 | Jan 13, 2017 | Dec 21, 2016 | $0.19 | normal |
| Sep 28, 2016 | Oct 14, 2016 | Aug 29, 2016 | $0.19 | normal |
| Jun 22, 2016 | Jul 8, 2016 | $0.19 | normal | |
| Mar 22, 2016 | Apr 8, 2016 | Feb 18, 2016 | $0.19 | normal |
| Dec 21, 2015 | Jan 6, 2016 | Dec 9, 2015 | $0.18 | normal |
| Sep 23, 2015 | Oct 9, 2015 | Sep 14, 2015 | $0.18 | normal |
FLS has a payout ratio of 109.6% which is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 28.9%, Flowserve's payout ratio is 279% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FLS Flowserve Corp | 3% | $0.8 | 109.6% |
| GRC Gorman Rupp Co | 2.65% | $0.68 | 81% |
| ITW Illinois Tool Works Inc | 2.57% | $4.97 | 58.7% |
| PH Parker Hannifin Corp | 1.79% | $4.72 | 46.1% |
| DOV DOVER Corp | 1.61% | $2.01 | 25.3% |
| ITT ITT Inc | 1.42% | $1.01 | 25.2% |
| GGG Graco Inc | 1.29% | $0.82 | 31.6% |
| XYL Xylem Inc | 1.27% | $1.18 | 50.6% |
Yes, Flowserve has paid four dividends in the last 12 months. FLS has been paying dividends since 2007.
Currently FLS's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2022.
Flowserve's last dividend ex-date was on Sep 29, 2022. The dividend amount was $0.2 per share.
On an annual basis FLS pays $0.8 per share.
The current dividend yield of Flowserve is 3.2%.
Flowserve has a quarterly dividend frequency.
Flowserve's dividend payout ratio is 109.6%.
Flowserve's dividend yield is above the Industrials sector average.