This company has been acquired
Encore Wire Dividends and Buybacks
Dividend criteria checks 0/6
Encore Wire is a dividend paying company with a current yield of 0.028%. Next payment date is on 19th July, 2024 with an ex-dividend date of 5th July, 2024.
Key information
0.03%
Dividend yield
7.2%
Buyback Yield
| Total Shareholder Yield | 7.2% |
| Future Dividend Yield | 0.03% |
| Dividend Growth | -12.5% |
| Next dividend pay date | 19 Jul 24 |
| Ex dividend date | 05 Jul 24 |
| Dividend per share | US$0.080 |
| Payout ratio | 0.412% |
Recent dividend and buyback updates
Recent updates
Encore Wire Corporation's (NASDAQ:WIRE) Low P/E No Reason For Excitement
May 23
Encore Wire Merger Presents Interesting Proposition
Apr 16At US$262, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?
Apr 03Encore Wire: Raising My Price Target To $300, As The Shorts Are Trapped
Feb 28Encore Wire: Good Business, But No Longer A Value Play (Rating Downgrade)
Feb 19Encore Wire Corporation's (NASDAQ:WIRE) Shares Lagging The Market But So Is The Business
Jan 05At US$210, Is Encore Wire Corporation (NASDAQ:WIRE) Worth Looking At Closely?
Dec 15Encore Wire (NASDAQ:WIRE) Could Become A Multi-Bagger
Nov 08An Intrinsic Calculation For Encore Wire Corporation (NASDAQ:WIRE) Suggests It's 28% Undervalued
Oct 05Is Now An Opportune Moment To Examine Encore Wire Corporation (NASDAQ:WIRE)?
Aug 29We Think Encore Wire (NASDAQ:WIRE) Might Have The DNA Of A Multi-Bagger
Jun 27Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching
May 17Estimating The Fair Value Of Encore Wire Corporation (NASDAQ:WIRE)
Apr 23Why We Like The Returns At Encore Wire (NASDAQ:WIRE)
Mar 24New Forecasts: Here's What Analysts Think The Future Holds For Encore Wire Corporation (NASDAQ:WIRE)
Feb 18What Does Encore Wire Corporation's (NASDAQ:WIRE) Share Price Indicate?
Feb 15We Ran A Stock Scan For Earnings Growth And Encore Wire (NASDAQ:WIRE) Passed With Ease
Jan 24Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching
Nov 17Do Encore Wire's (NASDAQ:WIRE) Earnings Warrant Your Attention?
Oct 24Encore Wire Corporation: Still Extremely Undervalued
Oct 04Encore Wire: Copper Prices Will Remain Elevated Despite The Fed's Best Efforts
Sep 15At US$131, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?
Aug 16Encore Wire: Ride The Energy Transition With A Boring Business
Aug 10Is Now The Time To Put Encore Wire (NASDAQ:WIRE) On Your Watchlist?
Jul 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WIRE is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: WIRE is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Encore Wire Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WIRE) | 0.03% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Electrical) | 1.0% |
| Analyst forecast (WIRE) (up to 3 years) | 0.03% |
Notable Dividend: WIRE's dividend (0.028%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: WIRE's dividend (0.028%) is low compared to the top 25% of dividend payers in the US market (4.71%).
Earnings Payout to Shareholders
Earnings Coverage: WIRE is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: WIRE is not paying a notable dividend for the US market.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/03 10:23 |
| End of Day Share Price | 2024/07/03 00:00 |
| Earnings | 2024/03/31 |
| 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 * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Encore Wire Corporation is covered by 9 analysts. 1 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 |
|---|---|
| Christopher Moore | CJS Securities, Inc. |
| Brent Thielman | D.A. Davidson & Co. |
| Liam Burke | Janney Montgomery Scott LLC |