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Encore Wire (WIRE) Dividend Yield, Date & History

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Encore Wire Dividend Summary

Dividend Yield
0.03%
Annual Dividend
$0.08
Recent
Dividend Payment
Jul. 19
Annualized 3-Year
Dividend Growth
-7.17%
Dividend Payout Ratio
0.42%

Encore Wire (WIRE) pays an annual dividend of $0.08 per share, with a dividend yield of 0.03%. The next quarterly payment of $0.02 per share was paid on Friday, July 19, to investors who owned the stock before the ex-dividend date of Friday, July 5. The company currently pays out 0.42% of its earnings and 0.31% of its cash flow as dividends.

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WIRE Dividend Payments by Quarter

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

WIRE Dividend Yield Over Time

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

Encore Wire vs. The Competition

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

TypeEncore WireIndustrial CompaniesNASDAQ Companies
Annual Dividend$0.08$0.01$1.31
Dividend Yield0.03%2.08%4.22%
Annualized 3-Year Dividend Growth-7.17%11.38%14.22%

Encore Wire 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 Earnings0.42%
Based on This Year's Estimate0.38%
Based on Next Year's Estimate0.34%
Based on Cashflow0.31%

Encore Wire Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
5/15/2024Quarterly$0.02 - 0.03%7/5/20247/5/20247/19/2024
2/15/2024Quarterly$0.02 - 0.04%4/4/20244/5/20244/19/2024
11/9/2023Quarterly$0.02 - 0.04%1/4/20241/5/20241/19/2024
8/8/2023Quarterly$0.02 - 0.05%10/5/202310/6/202310/20/2023
5/4/2023Quarterly$0.02 - 0.05%7/6/20237/7/20237/21/2023
2/17/2023Quarterly$0.02 - 0.04%4/5/20234/6/20234/21/2023

This table shows Encore Wire'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.

Encore Wire Dividend - Frequently Asked Questions

The current dividend yield for Encore Wire is 0.03%. Learn more on WIRE's dividend yield history.

The annual dividend for WIRE shares is $0.08. Learn more on WIRE's annual dividend history.

Encore Wire pays quarterly dividends to shareholders.

Encore Wire's most recent quarterly dividend payment of $0.02 per share was made to shareholders on Friday, July 19, 2024.

Encore Wire's most recent ex-dividend date was Friday, July 5, 2024.

Over the past three years, the company's dividend has not grown. It has decreased by -7.17%.

The dividend payout ratio for WIRE is:
  • 0.42% based on the trailing year of earnings
  • 0.38% based on this year's estimates
  • 0.34% based on next year's estimates
  • 0.31% based on cash flow

Encore Wire's dividend yield of 0.03% is lower than the average Industrial Products company that issues a dividend. Encore Wire's dividend payout ratio of 0.42% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Encore Wire stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:WIRE) was last updated on 12/21/2024 by MarketBeat.com Staff
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