Insteel Industries, Inc. (IIIN) Dividends
Dividend Yield and Dividend History Highlights
- IIIN's trailing 12 month dividends has averaged an annual growth rate of 92.44%.
- IIIN reports a compound annual dividend growth rate of 0.62% over the past 5.5 years.
- IIIN's free cash flow has been growing at a compound average annual rate of -185.07% over the past 5.5 years -- higher than 5.09% of current US-listed dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with IIIN that may be suitable potential portfolio mates: GHG, ETR, JKHY, PBR and BMA.
IIIN Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $40.65 | $27.4 | -31.8% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for IIIN, the dividend discount model StockNews created for the company implies a negative return of 31.8%. Digging deeper, the aspects of Insteel Industries Inc's dividend discount model that we found most interesting were:
- Given its market cap of around 775 million US dollars, this puts the stock in the small-sized market cap class, and its dividend yield is greater than only 1.47% of dividend yielding stocks in the same market cap class.
- Amongst its dividend-issuing peers in the small-sized market cap category, IIIN's beta -- a measure of volatility relative to the market at large -- is lower than 7.69% of them.
- In terms of who is growing the amount of dividends they return to shareholders, Insteel Industries Inc has been increasing its dividends at a faster rate than 98.44% of US-listed dividend-issuing stocks we observed.
IIIN Dividend Chart
IIIN Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
IIIN Dividends vs. Peers
IIIN's dividend yield currently ranks #23 of 43 vs. its peers in the Steel category.
Looking for More Information on IIIN dividends?
Want to see what other sources are saying about Insteel Industries Inc's dividends? Try the links below:Insteel Industries Inc Common Stock (IIIN) Dividend History | Nasdaq
Dividend History for Insteel Industries Inc (IIIN) - Dividend Investor
Insteel Industries Inc (IIIN) Dividend History - Seeking Alpha