Insteel Industries Inc

NYSE IIIN

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Insteel Industries Inc Dividend Payout Ratio for the year ending September 30, 2023: 127.26%

Insteel Industries Inc Dividend Payout Ratio is 127.26% for the year ending September 30, 2023, a 286.50% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.
  • Insteel Industries Inc Dividend Payout Ratio for the year ending September 30, 2022 was 32.93%, a -29.91% change year over year.
  • Insteel Industries Inc Dividend Payout Ratio for the year ending September 30, 2021 was 46.98%, a 286.10% change year over year.
  • Insteel Industries Inc Dividend Payout Ratio for the year ending September 30, 2020 was 12.17%, a -70.51% change year over year.
  • Insteel Industries Inc Dividend Payout Ratio for the year ending September 30, 2019 was 41.26%, a -29.85% change year over year.
NYSE: IIIN

Insteel Industries Inc

CEO Mr. Howard Osler Woltz III
IPO Date March 17, 1992
Location United States
Headquarters 1373 Boggs Drive, Mount Airy, NC, United States, 27030
Employees 884
Sector Industrials
Industry Metal fabrication
Description

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

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StockViz Staff

September 20, 2024

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