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Omega Flex (OFLX) Dividend Yield, Date & History

Omega Flex logo
$42.69 +1.70 (+4.15%)
(As of 12/20/2024 05:16 PM ET)

Omega Flex Dividend Summary

Dividend Yield
3.19%
Annual Dividend
$1.36
Next
Dividend Payment
Jan. 7
Dividend Increase
Track Record
7 Years
Annualized 3-Year
Dividend Growth
5.36%
Dividend Payout Ratio
75.14%

Omega Flex (OFLX) pays an annual dividend of $1.36 per share, with a dividend yield of 3.19%. The next quarterly payment of $0.34 per share is scheduled for Tuesday, January 7, to investors who owned the stock before the ex-dividend date of Thursday, December 19. OFLX has grown its dividend for 7 consecutive years, with an average annual increase of 1.76%. The company currently pays out 75.14% of its earnings and 66.61% of its cash flow as dividends.

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OFLX Dividend Payments by Quarter

The chart below displays up to four years of Omega Flex's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

OFLX Dividend Yield Over Time

The chart below tracks Omega Flex's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Omega Flex vs. The Competition

Compare Omega Flex's annual dividend, yield, and 3-year growth rate with averages for Industrial and NASDAQ companies to evaluate its performance against the market.

TypeOmega FlexIndustrial CompaniesNASDAQ Companies
Annual Dividend$1.36$0.01$1.31
Dividend Yield3.19%2.10%4.23%
Annualized 3-Year Dividend Growth5.36%11.38%14.22%
Track Record7 years31 years19 years

Omega Flex Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings75.14%
Based on Cashflow66.61%

Omega Flex Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/5/2024quarterly$0.34 - 2.9%12/19/202412/19/20241/7/2025
9/11/2024Quarterly$0.34 - 2.76%9/26/20249/26/202410/8/2024
6/13/2024Quarterly$0.34+$0.01
3.03%
2.38%6/26/20246/26/20247/10/2024
3/28/2024Quarterly$0.33 - 1.86%4/9/20244/10/20244/24/2024
12/6/2023Quarterly$0.33 - 1.69%12/18/202312/19/20231/4/2024
9/11/2023Quarterly$0.33 - 1.61%9/22/20239/25/202310/6/2023
6/13/2023Quarterly$0.33+$0.01
3.13%
1.19%6/23/20236/26/20237/7/2023
3/28/2023Quarterly$0.32 - 1.18%4/6/20234/10/20234/24/2023

This table shows Omega Flex's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Omega Flex Dividend - Frequently Asked Questions

The current dividend yield for Omega Flex is 3.19%. Learn more on OFLX's dividend yield history.

The annual dividend for OFLX shares is $1.36. Learn more on OFLX's annual dividend history.

Omega Flex pays quarterly dividends to shareholders.

Omega Flex's next quarterly dividend payment of $0.34 per share will be made to shareholders on Tuesday, January 7, 2025.

Omega Flex's most recent quarterly dividend payment of $0.34 per share was made to shareholders on Tuesday, October 8, 2024.

Omega Flex's most recent ex-dividend date was Thursday, December 19, 2024.

Over the past three years, the company's dividend has grown by an average of 5.36% per year.

Omega Flex has increased its dividend for the past 7 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Thursday, June 13, 2024.

The dividend payout ratio for OFLX is:
  • 75.14% based on the trailing year of earnings
  • 66.61% based on cash flow

Omega Flex's dividend yield of 3.01% is higher than the average Industrial Products company that issues a dividend. The company's 7 consecutive years of dividend growth shows that the company has a new, but growing committment to increase its dividend. Omega Flex's dividend payout ratio of 75.14% may not be sustainable.


This page (NASDAQ:OFLX) was last updated on 12/22/2024 by MarketBeat.com Staff
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