Insteel Industries, Inc. (IIIN) Dividends

Insteel Industries, Inc. (IIIN): $28.89

0.39 (+1.37%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Steel


Ranked

of 33

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
0.42%
IIIN Annual Dividend
$0.12
IIIN Payout Ratio

IIIN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$28.89$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 Chart


IIIN Dividend History

Ex-Dividend Date Type Payout Amount Change
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IIIN Dividends vs. Peers

IIIN's dividend yield currently ranks #24 of 45 vs. its peers in the Steel category.
Rank Symbol Name Dividend Yield
1 GGB Gerdau S.A. 24.14%
2 MSB Mesabi Trust 16.14%
3 SID Companhia Siderurgica Nacional S.A. 9.51%
4 USNZY Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) 8.90%
5 NPSCY Nippon Steel Corporation (日本製鉄株式会社, Nippon Seitetsu kabushiki gaisha) was formed in 2012 by the merger of the old Nippon Steel and Sumitomo Metal. The old Nippon Steel Corporation[3] was established in 1970 by the merger of Fuji Iron & Steel and Yawata Iron & Steel. Nippon Steel is the world's third largest steel producer by volume as of 2019. 6.65%
6 APEMY Aperam S.A. 6.50%
7 TX TERNIUM S.A. ADR 5.77%
8 PKX POSCO Holdings Inc. ADR 4.43%
9 ANIOY Acerinox, S.A. 3.75%
10 ASTL Algoma Steel Group Inc. 3.00%
11 VLPNY voestalpine AG 2.94%
12 MITSY Mitsui & Co. Ltd. ADR 2.59%
13 SCHN Schnitzer Steel Industries, Inc. - 2.24%
14 WOR Worthington Industries, Inc. 2.19%
15 TS Tenaris S.A. ADR 2.01%
16 RS Reliance Steel & Aluminum Co. 1.65%
17 NUE Nucor Corp. 1.34%
18 CMC Commercial Metals Company 1.33%
19 STLD Steel Dynamics Inc. 1.31%
20 MT ArcelorMittal ADR 1.20%
21 ZEUS Olympic Steel, Inc. 0.99%
22 FRD Friedman Industries Inc. 0.88%
23 X United States Steel Corporation 0.77%
24 IIIN Insteel Industries, Inc. 0.42%
25 AQMS Aqua Metals, Inc. 0.00%
26 HUDI Huadi International Group Co., Ltd. 0.00%
27 CLF Cleveland-Cliffs Inc. 0.00%
28 AKS AK Steel Holding Corporation 0.00%
29 TMST TimkenSteel Corp. 0.00%
30 NWPX Northwest Pipe Company 0.00%
31 SIM Grupo Simec, S.A.B. de C.V. American Depositary Shares 0.00%
32 OCC Optical Cable Corporation 0.00%
33 APWC Asia Pacific Wire & Cable Corporation Limited - Common shares, Par value .01 per share 0.00%
34 ZKIN ZK International Group Co., Ltd. 0.00%
35 MTL Mechel PAO ADR 0.00%
36 OSN Ossen Innovation Co., Ltd. 0.00%
37 TKAMY thyssenkrupp AG 0.00%
38 USAP Universal Stainless & Alloy Products, Inc. 0.00%
39 UAMY United States Antimony Corporation 0.00%
40 SYNL Synalloy Corporation 0.00%
41 STZHF Stelco Holdings Inc. 0.00%
42 SVJTY Severstal PJSC 0.00%
43 TATLY Tata Steel Ltd. 0.00%
44 RUSMF Russel Metals Inc. 0.00%
45 BLSFY BlueScope Steel Limited 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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