AdvanSix Inc. (ASIX) Dividends
ASIX Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $30.74 | $2.22 | -95.77% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding AdvanSix Inc, the dividend discount model StockNews created for the company implies a negative return of 95.77%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for AdvanSix Inc are:
- ASIX's annual revenue of 2 billion US dollars puts it in the small-sized revenue class; relative to suck stocks, it has a discount rate lower than 92.89% of dividend issuing stocks in its revenue class.
- Compared to other dividend issuers in the small-sized market cap category, ASIX's beta -- a measure of volatility relative to the market at large -- is lower than 3.72% of them.
- Regarding its relative worth based on the dividend discount model, ASIX's provides a return of -95.77% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than only 1.91% of all stocks we measured with our dividend discount model.
ASIX Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-12 | Dividend | $0.16 | -- |
| 2024-08-13 | Dividend | $0.16 | -- |
| 2024-05-13 | Dividend | $0.16 | -- |
| 2024-03-01 | Dividend | $0.16 | -- |
| 2023-11-13 | Dividend | $0.16 | -- |
| 2023-08-14 | Dividend | $0.16 | +10.34% |
| 2023-05-15 | Dividend | $0.15 | -- |
| 2023-03-02 | Dividend | $0.15 | -- |
| 2022-11-14 | Dividend | $0.15 | -- |
| 2022-08-15 | Dividend | $0.15 | +16.00% |
| 2022-05-16 | Dividend | $0.13 | -- |
| 2022-02-28 | Dividend | $0.13 | -- |
| 2021-11-08 | Dividend | $0.13 | -- |
ASIX Dividends vs. Peers
ASIX's dividend yield currently ranks #46 of 122 vs. its peers in the Chemicals category.