Omega Flex, Inc. (OFLX) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 5.76 years, OFLX has averaged an annual trailing twelve month dividend growth rate of 17.11%.
- If you care about predictable cash flow, note that OFLX reports less variability in its free cash flow than 94.78% of the dividend stocks we're tracking.
- 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: AGCO, CAJ, OEC, ECOL and APG.
OFLX Price Forecast Based on Dividend Discount Model
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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. In the case of OFLX, the DDM model generated by StockNews estimates a return of negative 23.91% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Omega Flex Inc are:
- Given its market cap of around 1 billion US dollars, this puts the stock in the small-sized market cap class, and its dividend yield is greater than 7.27% of dividend yielding stocks in the same market cap class.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Industrials sector, Omega Flex Inc's expected return of -23.91% is higher than 77.17% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, OFLX has a discount rate lower than 77.17% of them (a lower discount rate is associated with lower risk).
- Based on dividend growth rate, Omega Flex Inc has been increasing its dividends at a faster rate than 97.12% of US-listed dividend-issuing stocks we observed.
OFLX Dividend Chart
OFLX Dividend History
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