Insteel Industries, Inc. (IIIN) Dividends

Insteel Industries, Inc. (IIIN): $37.67

0.15 (-0.40%)

POWR Rating

Component Grades

Momentum

A

Stability

C

Sentiment

Quality

C

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Industry: Steel

Industry

A

Ranked

#28 of 32

in industry

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 Ex-Dividend Date
IIIN Dividend Yield
0.33%
IIIN Annual Dividend
$0.12
IIIN Payout Ratio

IIIN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$37.67$50.38 30.25%

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 Insteel Industries Inc, the DDM model, as implemented by StockNews, implies a positive return of 30.25% relative to its current price. Digging deeper, the aspects of Insteel Industries Inc's dividend discount model that we found most interesting were:

  • Relative to all dividend yielding stocks in our set, Insteel Industries Inc produces a dividend yield 0.31% -- which falls in the bottom 2.78%.
  • Insteel Industries Inc's market cap of $762 million US dollars puts it in the small-sized market cap class; amongst this group of stocks, its equity discount rate is lower than just 15.27% of them.
  • Amongst its dividend-issuing peers in the small-sized market cap category, IIIN has a beta lower than just 12.29% of them.


IIIN Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-03-14Dividend$0.03-98.81%
2023-12-07Dividend$2.53+8,333.33%
2023-09-14Dividend$0.03--
2023-06-15Dividend$0.03--
2023-03-16Dividend$0.03-98.52%
2022-12-08Dividend$2.03+6,666.67%
2022-09-15Dividend$0.03--
2022-06-09Dividend$0.03--
2022-03-10Dividend$0.03-98.52%
2021-12-01Dividend$2.03+6,666.67%
2021-09-09Dividend$0.03--
2021-06-10Dividend$0.03--
2021-03-11Dividend$0.03-98.04%
2020-11-30Dividend$1.53+5,000.00%
2020-09-10Dividend$0.03--
2020-06-11Dividend$0.03--
2020-03-12Dividend$0.03--
2019-12-13Dividend$0.03--
2019-09-12Dividend$0.03--
2019-06-13Dividend$0.03--
2019-03-14Dividend$0.03--
2018-12-13Dividend$0.03--
2018-09-13Dividend$0.03--
2018-06-14Dividend$0.03--
2018-03-15Dividend$0.03-97.09%
2017-12-19Dividend$1.03+3,333.33%
2017-09-14Dividend$0.03--
2017-06-14Dividend$0.03--
2017-03-15Dividend$0.03-97.66%
2016-12-12Dividend$1.28+4,166.67%
2016-09-14Dividend$0.03--
2016-06-08Dividend$0.03--
2016-03-09Dividend$0.03-97.09%
2015-12-09Dividend$1.03+3,333.33%
2015-09-09Dividend$0.03--
2015-06-10Dividend$0.03--
2015-03-11Dividend$0.03--
2014-12-08Dividend$0.03--
2014-09-10Dividend$0.03--
2014-06-11Dividend$0.03--
2014-03-12Dividend$0.03--
2013-12-09Dividend$0.03--
2013-09-11Dividend$0.03--
2013-06-12Dividend$0.03--
2013-03-13Dividend$0.03-89.29%
2012-12-17Dividend$0.28+833.33%
2012-09-12Dividend$0.03--
2012-06-13Dividend$0.03--
2012-03-14Dividend$0.03--
2011-12-12Dividend$0.03--
2011-09-14Dividend$0.03--
2011-06-22Dividend$0.03--
2011-03-23Dividend$0.03--
2010-12-21Dividend$0.03--
2010-09-15Dividend$0.03--
2010-06-16Dividend$0.03--
2010-03-17Dividend$0.03--
2009-12-16Dividend$0.03--
2009-09-16Dividend$0.03--
2009-06-17Dividend$0.03--
2009-03-18Dividend$0.03--
2008-12-17Dividend$0.03-94.34%
2008-09-17Dividend$0.53+1,666.67%
2008-06-18Dividend$0.03--
2008-03-18Dividend$0.03--
2007-12-19Dividend$0.03--
2007-09-19Dividend$0.03--
2007-06-20Dividend$0.03--
2007-03-21Dividend$0.03--
2006-12-20Dividend$0.03--
2006-09-20Dividend$0.03--
2006-06-21Dividend$0.03--
2006-06-19Split2-1-for-1 Stock SplitN/A
2006-03-22Dividend$0.06--
2005-12-20Dividend$0.06--
2005-09-21Dividend$0.06--
2005-06-22Dividend$0.06--
2000-09-07Dividend$0.06--
2000-06-14Dividend$0.06--
2000-03-15Dividend$0.06--
1999-12-15Dividend$0.06--
1999-09-15Dividend$0.06--
1999-06-16Dividend$0.06--
1999-03-17Dividend$0.06--
1998-12-09Dividend$0.06--
1998-09-08Dividend$0.06--
1998-06-08Dividend$0.06--
1998-03-09Dividend$0.06--
1997-12-10Dividend$0.06--
1997-09-10Dividend$0.06--
1997-06-11Dividend$0.06--
1997-03-12Dividend$0.06--
1996-12-11Dividend$0.06--
1996-09-11Dividend$0.06--
1996-06-12Dividend$0.06--
1996-03-13Dividend$0.06--
1995-12-13Dividend$0.06--
1995-09-13Dividend$0.06--
1995-06-14Dividend$0.06--
1995-03-13Dividend$0.06--
1994-12-12Dividend$0.06+100.00%
1994-09-12Dividend$0.03--
1994-06-06Dividend$0.03--
1994-03-07Dividend$0.03--
1993-12-09Dividend$0.03--
1993-09-03Dividend$0.03--
1993-06-07Dividend$0.03--
1993-03-15Dividend$0.03-7.69%
1993-03-08Dividend$0.03+8.33%
1992-12-09Dividend$0.03--
1992-09-09Dividend$0.03--
1992-06-09Dividend$0.03--


IIIN Dividends vs. Peers

IIIN's dividend yield currently ranks #9 of 46 vs. its peers in the Steel category.
Rank Symbol Name Dividend Yield
1 ASTL Algoma Steel Group Inc. 0.00%
2 PKX POSCO Holdings Inc. ADR 0.00%
3 SCHN Schnitzer Steel Industries, Inc. - 0.00%
4 MITSY Mitsui & Co. Ltd. ADR 0.00%
5 SSAAY SSAB AB ADR 0.00%
6 AQMS Aqua Metals, Inc. 0.00%
7 STZHF Stelco Holdings Inc. 0.00%
8 HUDI Huadi International Group Co., Ltd. 0.00%
9 IIIN Insteel Industries, Inc. 0.00%
10 SVJTY Severstal PJSC 0.00%
11 CLF Cleveland-Cliffs Inc. 0.00%
12 TATLY Tata Steel Ltd. 0.00%
13 AKS AK Steel Holding Corporation 0.00%
14 CMC Commercial Metals Company 0.00%
15 TMST TimkenSteel Corp. 0.00%
16 NWPX Northwest Pipe Company 0.00%
17 SID Companhia Siderurgica Nacional S.A. 0.00%
18 SIM Grupo Simec, S.A.B. de C.V. American Depositary Shares 0.00%
19 NUE Nucor Corp. 0.00%
20 WOR Worthington Industries, Inc. 0.00%
21 OCC Optical Cable Corporation 0.00%
22 ANIOY Acerinox, S.A. 0.00%
23 APWC Asia Pacific Wire & Cable Corporation Limited - Common shares, Par value .01 per share 0.00%
24 APEMY Aperam S.A. 0.00%
25 MSB Mesabi Trust 0.00%
26 TS Tenaris S.A. ADR 0.00%
27 FRD Friedman Industries Inc. 0.00%
28 MT ArcelorMittal ADR 0.00%
29 X United States Steel Corporation 0.00%
30 ZKIN ZK International Group Co., Ltd. 0.00%
31 ZEUS Olympic Steel, Inc. 0.00%
32 MTL Mechel PAO ADR 0.00%
33 NPSCY Nippon Steel Corporation (Nippon Seitetsu kabushiki gaisha) 0.00%
34 TX TERNIUM S.A. ADR 0.00%
35 OSN Ossen Innovation Co., Ltd. 0.00%
36 TKAMY thyssenkrupp AG 0.00%
37 GGB Gerdau S.A. 0.00%
38 VLPNY voestalpine AG 0.00%
39 USAP Universal Stainless & Alloy Products, Inc. 0.00%
40 STLD Steel Dynamics Inc. 0.00%
41 RUSMF Russel Metals Inc. 0.00%
42 USNZY Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) 0.00%
43 RS Reliance Steel & Aluminum Co. 0.00%
44 UAMY United States Antimony Corporation 0.00%
45 BLSFY BlueScope Steel Limited 0.00%
46 SYNL Synalloy Corporation 0.00%

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

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