Omega Flex Dividends and Buybacks
Dividend criteria checks 5/6
Omega Flex is a dividend paying company with a current yield of 3.23% that is well covered by earnings. Next payment date is on 7th January, 2025 with an ex-dividend date of 19th December, 2024.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | n/a |
Dividend Growth | 5.5% |
Next dividend pay date | 07 Jan 25 |
Ex dividend date | 19 Dec 24 |
Dividend per share | US$1.360 |
Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
Omega Flex: Long-Term Buying Opportunity May Be Finally Approaching
Oct 01Some Investors May Be Worried About Omega Flex's (NASDAQ:OFLX) Returns On Capital
Jul 18Omega Flex (NASDAQ:OFLX) Is Increasing Its Dividend To $0.34
Jun 18Omega Flex, Inc. (NASDAQ:OFLX) Investors Are Less Pessimistic Than Expected
May 29Shareholders Are Optimistic That Omega Flex (NASDAQ:OFLX) Will Multiply In Value
Feb 16Omega Flex: Becoming More Appealing, But Valuation Still Relatively High
Jan 22Capital Investments At Omega Flex (NASDAQ:OFLX) Point To A Promising Future
Nov 09Investors Shouldn't Overlook The Favourable Returns On Capital At Omega Flex (NASDAQ:OFLX)
Apr 14Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital
Jan 12Omega Flex GAAP EPS of $0.65, revenue of $31.63M
Oct 20Omega Flex declares $0.32 dividend
Sep 30Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital
Sep 29Does Omega Flex (NASDAQ:OFLX) Deserve A Spot On Your Watchlist?
Jul 31Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock
Apr 29Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock
Jan 28Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30
Sep 20Should You Be Adding Omega Flex (NASDAQ:OFLX) To Your Watchlist Today?
Aug 04Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30
Jun 12We Discuss Why The CEO Of Omega Flex, Inc. (NASDAQ:OFLX) Is Due For A Pay Rise
Jun 03Here's What You Should Know About Omega Flex, Inc.'s (NASDAQ:OFLX) 0.7% Dividend Yield
Apr 05This Insider Has Just Sold Shares In Omega Flex, Inc. (NASDAQ:OFLX)
Mar 18If You Like EPS Growth Then Check Out Omega Flex (NASDAQ:OFLX) Before It's Too Late
Mar 16Did You Participate In Any Of Omega Flex's (NASDAQ:OFLX) Incredible 410% Return?
Feb 23Declining Stock and Decent Financials: Is The Market Wrong About Omega Flex, Inc. (NASDAQ:OFLX)?
Jan 25Should You Buy Omega Flex, Inc. (NASDAQ:OFLX) For Its Dividend?
Dec 30Omega Flex declares $0.28 dividend
Dec 11A Quick Analysis On Omega Flex's (NASDAQ:OFLX) CEO Compensation
Dec 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OFLX's dividends per share have been stable in the past 10 years.
Growing Dividend: OFLX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Omega Flex Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (OFLX) | 3.2% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.5% |
Industry Average (Machinery) | 1.6% |
Analyst forecast (OFLX) (up to 3 years) | n/a |
Notable Dividend: OFLX's dividend (3.23%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: OFLX's dividend (3.23%) is low compared to the top 25% of dividend payers in the US market (4.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.2%), OFLX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.2%), OFLX's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/23 20:16 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Omega Flex, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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