Insteel Industries, Inc. (IIIN) Dividends

Insteel Industries, Inc. (IIIN): $40.65

-0.75 (-1.81%)

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
0.30%
IIIN Annual Dividend
$0.12
IIIN Payout Ratio

IIIN Price Forecast Based on Dividend Discount Model

Current PriceDDM 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
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IIIN Dividends vs. Peers

IIIN's dividend yield currently ranks #23 of 43 vs. its peers in the Steel category.
Rank Symbol Name Dividend Yield
1 GGB Gerdau S.A. 20.12%
2 MSB Mesabi Trust 17.81%
3 SID Companhia Siderurgica Nacional S.A. 7.89%
4 USNZY Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) 6.14%
5 PKX POSCO 5.47%
6 NPSCY Nippon Steel Corporation 5.26%
7 ANIOY Acerinox, S.A. 3.02%
8 APEMY Aperam S.A. 2.69%
9 MITSY MITSUI & CO., LTD. 2.66%
10 TS Tenaris S.A. American Depositary Shares 2.29%
11 WOR Worthington Industries, Inc. 1.91%
12 NUE Nucor Corporation 1.77%
13 TX TERNIUM S.A. ADR 1.71%
14 SCHN Schnitzer Steel Industries, Inc. - 1.70%
15 STLD Steel Dynamics, Inc. 1.66%
16 RS Reliance Steel & Aluminum Co. (DE) 1.66%
17 CMC Commercial Metals Company 1.48%
18 VLPNY voestalpine AG 1.01%
19 X United States Steel Corporation 0.79%
20 FRD Friedman Industries Inc. 0.68%
21 MT Arcelor Mittal NY Registry Shares NEW 0.67%
22 ZEUS Olympic Steel, Inc. 0.32%
23 IIIN Insteel Industries, Inc. 0.29%
24 ASTL Algoma Steel Group Inc. 0.00%
25 AQMS Aqua Metals, Inc. 0.00%
26 HUDI Huadi International Group Co., Ltd. 0.00%
27 AKS AK Steel Holding Corporation 0.00%
28 TMST TimkenSteel Corporation Common Shares 0.00%
29 NWPX Northwest Pipe Company 0.00%
30 SIM Grupo Simec, S.A.B. de C.V. American Depositary Shares 0.00%
31 OCC Optical Cable Corporation 0.00%
32 APWC Asia Pacific Wire & Cable Corporation Limited - Common shares, Par value .01 per share 0.00%
33 ZKIN ZK International Group Co., Ltd. 0.00%
34 MTL Mechel PAO ADR 0.00%
35 OSN Ossen Innovation Co., Ltd. 0.00%
36 TKAMY thyssenkrupp AG 0.00%
37 USAP Universal Stainless & Alloy Products, Inc. 0.00%
38 UAMY United States Antimony Corporation 0.00%
39 SYNL Synalloy Corporation 0.00%
40 STZHF Stelco Holdings Inc. 0.00%
41 SVJTY Severstal PJSC 0.00%
42 TATLY Tata Steel Ltd. 0.00%
43 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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