Installed Building Products's latest quarterly dividend of $0.35 per share was on Jun 14, 2024 (ex-date). The annualized dividend distribution of $2.96 per share represents a current dividend yield of 1.19%.
Installed Building Products's dividend yield of 1.19% is higher than the industry average but lower than the Industrials sector average. If we compare it with the Industrials sector average of 1.41%, Installed Building Products's dividend yield is 16% lower.
Installed Building Products has a history of paying dividends since 2021. Our records of IBP show that the company has distributed five dividends in the past year. The annualized dividend per share has an increase of 35% since twelve months ago. But with the price of the stock up by 68% from a year ago, the dividend yield has a decrease of 20%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 14, 2024 | Jun 30, 2024 | May 9, 2024 | $0.35 | normal |
| Mar 14, 2024 | Mar 31, 2024 | $1.6 | normal | |
| Mar 14, 2024 | Mar 31, 2024 | Feb 22, 2024 | $0.35 | normal |
| Dec 14, 2023 | Dec 31, 2023 | Nov 8, 2023 | $0.33 | normal |
| Sep 14, 2023 | Sep 30, 2023 | Aug 2, 2023 | $0.33 | normal |
| Jun 14, 2023 | Jun 30, 2023 | May 4, 2023 | $0.33 | normal |
| Mar 14, 2023 | Mar 31, 2023 | Feb 22, 2023 | $0.33 | normal |
| Mar 14, 2023 | Mar 31, 2023 | Feb 22, 2023 | $0.9 | normal |
| Dec 14, 2022 | Dec 31, 2022 | Nov 3, 2022 | $0.315 | normal |
| Sep 14, 2022 | Sep 30, 2022 | Aug 4, 2022 | $0.315 | normal |
| Jun 14, 2022 | Jun 30, 2022 | May 5, 2022 | $0.315 | normal |
| Mar 14, 2022 | Mar 31, 2022 | Feb 24, 2022 | $0.315 | normal |
| Mar 14, 2022 | Mar 31, 2022 | Feb 24, 2022 | $0.9 | normal |
| Dec 14, 2021 | Dec 31, 2021 | Nov 4, 2021 | $0.3 | normal |
| Sep 14, 2021 | Sep 30, 2021 | Aug 5, 2021 | $0.3 | normal |
| Jun 14, 2021 | Jun 30, 2021 | May 5, 2021 | $0.3 | normal |
| Mar 12, 2021 | Mar 31, 2021 | Feb 23, 2021 | $0.3 | normal |
Installed Building Products's payout ratio of 33.3% is above the Industrials sector and the industry average. But in comparison with its Industrials sector average of 32.7%, Installed Building Products's payout ratio is only 1.8% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PATK Patrick Industries Inc | 1.67% | $2.1 | 30.6% |
| APOG Apogee Enterprises Inc | 1.45% | $0.99 | 20.1% |
| OC Owens Corning | 1.29% | $2.32 | 18.6% |
| IBP Installed Building Products Inc | 1.11% | $2.96 | 33.3% |
Yes, Installed Building Products has paid five dividends in the last twelve months. IBP has been paying dividends since 2021.
Installed Building Products's last dividend ex-date was on Jun 14, 2024. The dividend amount was $0.35 per share.
IBP has paid dividend of $2.96 per share in the last year.
Installed Building Products's current dividend yield is 1.19%.
The dividend payout ratio of Installed Building Products is 33.3%.
Installed Building Products's dividend yield is less than the Industrials sector average.