RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Encore Wire Dividend 2024

Encore Wire Dividend

0.08 USD

Encore Wire Dividend yield

0.03 %

Ticker

WIRE

ISIN

US2925621052

WKN

892473

How much dividend does Encore Wire 2024 pay?

According to the latest status from May 2024, Encore Wire paid a total of 0.08 USD per share in dividends within the last 12 months. With the current Encore Wire price of 276.94 USD, this corresponds to a dividend yield of 0.03 %. A dividend is paid times per year.

0.03 % Dividend Yield=
0.08 USD Dividend
276.94 USD Stock Price

Historical Encore Wire Dividends

A dividend is paid times per year. Last year, the payout months were February, May, August and November.

PaydateDividend
5/4/20240.02
2/4/20240.02
11/5/20230.02
8/6/20230.02
5/5/20230.02
2/5/20230.02
11/6/20220.02
7/30/20220.02
5/1/20220.02
2/6/20220.02
10/30/20210.02
8/1/20210.02
5/1/20210.02
1/30/20210.02
11/1/20200.02
8/1/20200.02
5/2/20200.02
2/2/20200.02
11/3/20190.02
8/3/20190.02
1
2
3
4

Encore Wire Stock Dividend

Details

Dividend

ⓘ

Dividend Overview

The dividend per year chart for Encore Wire provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Encore Wire’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Encore Wire's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Encore Wire Dividend History

DateEncore Wire Dividend
2027e0.11 undefined
2026e0.11 undefined
2025e0.11 undefined
2024e0.11 undefined
20230.08 undefined
20220.08 undefined
20210.06 undefined
20200.1 undefined
20190.08 undefined
20180.08 undefined
20170.08 undefined
20160.08 undefined
20150.06 undefined
20140.12 undefined
20130.1 undefined
20120.08 undefined
20110.08 undefined
20100.08 undefined
20090.06 undefined
20080.1 undefined
20070.08 undefined

Is the Encore Wire Dividend Safe?

Encore Wire has been increasing the dividend for 2 years.

Over the past 10 years, Encore Wire has increased it by an annual -2.207 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Increase of 18.013% for the current fiscal year.

Dividend Details

Understanding Encore Wire's Dividend Distributions

Encore Wire’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Encore Wire's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Encore Wire's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Encore Wire’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Encore Wire Aktienanalyse

What does Encore Wire do?

Encore Wire Corp is an American company based in McKinney, Texas, specializing in the production of copper and aluminum wiring products. It was founded in 1989 by Daniel L. Jones and has been traded on NASDAQ under the ticker symbol "WIRE" since its IPO in 1992. The business model of Encore Wire Corp is based on the production and sale of electrical wires used in the construction industry and electrical installations. The company produces a wide range of copper and aluminum wires, including low voltage wire, data and communication cables, and various types of wire products. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers in various industries. Encore Wire Corp started in 1989 with a production area of 40,000 square feet and a production capacity of 2 million pounds of copper wire per month. The company quickly realized that it was able to produce high-quality wire at a better price than its competitors. Within a few years, it expanded its production capacity to over 50 million pounds of copper wire per month. In 1992, Encore Wire Corp went public, allowing it to generate capital to further expand. Over the past decades, the company has continuously invested in its factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp currently operates four production facilities in Texas and Oklahoma. Encore Wire Corp produces a wide range of wires and cables used in various industries, including the construction industry, electrical installations, mechanical engineering, and the automotive industry. Some of Encore Wire Corp's key products include: - Low voltage wire: These wire products are suitable for use in residential and commercial buildings and can be used to power outlets, lighting, and electrical devices. - Data and communication cables: These cable products are used in the IT industry, telecommunications industry, and data centers. - Wire products: Encore Wire Corp also produces a wide range of specialized wire products used in a variety of industries. These include wire bundles, flat wire, wire ropes, and flexible wires. In conclusion, Encore Wire Corp is a reliable and reputable manufacturer of electrical wiring products used in various industries. The company has continuously invested in new technologies and factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers. Encore Wire is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Encore Wire Stock

How much dividend does Encore Wire pay?

Over the past 12 months, Encore Wire paid a dividend of 0.08 USD . This corresponds to a dividend yield of about 0.03 %. For the coming 12 months, Encore Wire is expected to pay a dividend of 0.11 USD.

What is the dividend yield of Encore Wire?

The current dividend yield of Encore Wire is 0.03 %.

When does Encore Wire pay dividends?

Encore Wire pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Encore Wire?

Encore Wire paid dividends every year for the past 0 years.

What is the dividend of Encore Wire?

For the upcoming 12 months, dividends amounting to 0.11 USD are expected. This corresponds to a dividend yield of 0.04 %.

In which sector is Encore Wire located?

Encore Wire is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Encore Wire kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Encore Wire from 4/19/2024 amounting to 0.02 USD, you needed to have the stock in your portfolio before the ex-date on 4/4/2024.

When did Encore Wire pay the last dividend?

The last dividend was paid out on 4/19/2024.

What was the dividend of Encore Wire in the year 2023?

In the year 2023, Encore Wire distributed 0.08 USD as dividends.

In which currency does Encore Wire pay out the dividend?

The dividends of Encore Wire are distributed in USD.

Andere Kennzahlen von Encore Wire

Our stock analysis for Encore Wire Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Encore Wire Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.