Omega Flex, Inc. (OFLX) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 5.5 years, OFLX has averaged an annual trailing twelve month dividend growth rate of 17.89%.
- Regarding free cash flow variation: OFLX reports less variability in its cash flow than 94.49% of dividend stocks in our set.
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that OFLX has less fluctuation in its price than 87.13% of stocks we're observing.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with OFLX that may be suitable potential portfolio mates: AAPL, PCG, CWCO, CCM and SWKS.
OFLX Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $50.65 | $51.77 | -59.16% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for OFLX, the dividend discount model StockNews created for the company implies a negative return of 59.16%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Omega Flex Inc are:
- Relative to all dividend yielding stocks in our set, Omega Flex Inc produces a dividend yield 0.95% -- which falls in the bottom 15.42%.
- OFLX's market cap of approximately $1 billion makes it a small-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than merely 17.13% of them.
- As other dividend issuers in the Industrials sector, Omega Flex Inc has an equity discount rate lower than 75.22% of them.
OFLX Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-26 | Dividend | $0.34 | -- |
| 2024-06-26 | Dividend | $0.34 | +3.03% |
| 2024-04-09 | Dividend | $0.33 | -- |
| 2023-12-18 | Dividend | $0.33 | -- |
| 2023-09-22 | Dividend | $0.33 | -- |
| 2023-06-23 | Dividend | $0.33 | +3.13% |
| 2023-04-06 | Dividend | $0.32 | -- |
| 2022-12-16 | Dividend | $0.32 | -- |
| 2022-10-11 | Dividend | $0.32 | -- |
| 2022-06-23 | Dividend | $0.32 | +6.67% |
| 2022-04-08 | Dividend | $0.30 | -- |
| 2021-12-20 | Dividend | $0.30 | -- |
| 2021-09-24 | Dividend | $0.30 | -- |
| 2021-06-21 | Dividend | $0.30 | +7.14% |
| 2021-04-01 | Dividend | $0.28 | -- |
| 2020-12-18 | Dividend | $0.28 | -- |
| 2020-10-02 | Dividend | $0.28 | -- |
| 2020-07-02 | Dividend | $0.28 | -- |
| 2020-04-09 | Dividend | $0.28 | -92.00% |
| 2019-12-24 | Dividend | $3.50 | +1,150.00% |
| 2019-12-23 | Dividend | $0.28 | -- |
| 2019-09-19 | Dividend | $0.28 | -- |
| 2019-06-21 | Dividend | $0.28 | +16.67% |
| 2019-04-18 | Dividend | $0.24 | -- |
| 2018-12-21 | Dividend | $0.24 | -- |
| 2018-09-20 | Dividend | $0.24 | -- |
| 2018-06-15 | Dividend | $0.24 | +9.09% |
| 2018-04-20 | Dividend | $0.22 | -- |
| 2017-12-22 | Dividend | $0.22 | -- |
| 2017-09-21 | Dividend | $0.22 | -- |
| 2017-06-16 | Dividend | $0.22 | -55.10% |
| 2014-12-18 | Dividend | $0.49 | +15.29% |
| 2013-12-17 | Dividend | $0.43 | -57.50% |
| 2012-11-28 | Dividend | $1.00 | -50.00% |
| 2009-12-17 | Dividend | $2.00 | +300.00% |
| 2008-12-12 | Dividend | $0.50 | -28.57% |
| 2007-12-31 | Dividend | $0.70 | +75.00% |
| 2006-12-28 | Dividend | $0.40 | -- |
OFLX Dividends vs. Peers
OFLX's dividend yield currently ranks #63 of 135 vs. its peers in the Industrial - Equipment category.
Looking for More Information on OFLX dividends?
Here are a few links from around the web to help you further your research on Omega Flex Inc and its dividends:Omega Flex Inc Common Stock (OFLX) Dividend History | Nasdaq
Dividend History for Omega Flex Inc (OFLX) - Dividend Investor
Omega Flex Inc (OFLX) Dividend History - Seeking Alpha