Omega Flex (OFLX) Dividends & Splits

Omega Flex Inc (OFLX) is a leading manufacturer of flexible metal piping and hoses for a wide range of applications. The company has a long history of paying dividends to its shareholders, and it also has a track record of stock splits. These actions are designed to return value to investors and contribute to the company's overall growth strategy. The dividend yield for Omega Flex Inc is currently 1.5%, which is calculated by dividing the annual dividend payment by the stock's current price. This yield is a measure of the return on investment that shareholders can expect to receive from owning the stock.

The payout ratio for Omega Flex Inc is currently 30%. This ratio represents the percentage of the company's earnings that are paid out as dividends to shareholders. A lower payout ratio indicates that the company retains a larger portion of its profits for reinvestment in the business, while a higher ratio suggests that the company is returning a larger portion of its profits to shareholders. The dividend ex-date for Omega Flex Inc is typically set a few days before the record date, and it is the date on which a stock starts trading without the right to receive the most recently declared dividend. This is important for investors to be aware of, as they must own the stock by the ex-date in order to be eligible for the dividend payment.

Omega Flex Inc has split its stock multiple times in the past to make the shares more accessible to a wider range of investors. The most recent split occurred in 2018 when the stock was split 2-for-1. This means that for each share of Omega Flex Inc owned before the split, shareholders received an additional share. The split multiple indicates how many times the stock has been split. In this case, Omega Flex Inc has undergone two splits in its history. The dividend amount per share for Omega Flex Inc is currently $0.12. This is the cash payment that each shareholder receives for each share they own. The dividend growth rate for Omega Flex Inc is 6% per year. This represents the average annual increase in the dividend over a specified period of time. It is a key metric for investors to consider when evaluating the company's ability to consistently raise its dividend payments in the future.

The dividend yield range for Omega Flex Inc is typically between 1% and 3%. This range provides investors with a benchmark to compare the company's dividend yield against the broader market. It is important to note that dividend yields can fluctuate over time based on changes in the stock price and dividend payments. The dividend payment date for Omega Flex Inc is typically in January, April, July, and October. These are the months in which the company distributes its quarterly dividend payments to shareholders. The dividend payment frequency for Omega Flex Inc is quarterly. This means that the company makes dividend payments four times per year.