Omega Flex, Inc.

Omega Flex, Inc.verified

OFLX

Price:

$51.28

Market Cap:

$517.64M

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its p...[Read more]

Industry

Industrial - Machinery

IPO Date

2005-08-01

Stock Exchange

NASDAQ

Ticker

OFLX

The Dividend Yield as of September 2024 (TTM) for Omega Flex, Inc. (OFLX) is 2.59%

According to Omega Flex, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 2.59%. This represents a change of 420.79% compared to the average of 0.50% of the last 4 quarters.

Omega Flex, Inc. (OFLX) Historical Dividend Yield (quarterly & annually)

How has OFLX Dividend Yield performed in the past?

The mean historical Dividend Yield of Omega Flex, Inc. over the last ten years is 1.57%. The current 2.59% Dividend Yield has changed 65.48% with respect to the historical average. Over the past ten years (40 quarters), OFLX's Dividend Yield was at its highest in in the December 2019 quarter at 3.53%. The Dividend Yield was at its lowest in in the September 2014 quarter at 0%.

Quarterly (TTM)
Annual

Average

1.57%

Median

1.50%

Minimum

0.04%

Maximum

4.25%

Omega Flex, Inc. (OFLX) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Omega Flex, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.81%

Maximum Annual Dividend Yield = 4.25%

Minimum Annual Increase = -98.17%

Minimum Annual Dividend Yield = 0.04%

Quarterly (TTM)
Annual
YearDividend YieldChange
20231.84%83.05%
20221.01%-13.17%
20211.16%51.23%
20200.77%-81.95%
20194.25%137.28%
20181.79%-0.83%
20171.81%18.50%
20161.52%2.69%
20151.48%3.81%
20140.04%-98.17%

Omega Flex, Inc. (OFLX) Average Dividend Yield

How has OFLX Dividend Yield performed in the past?

The current Dividend Yield of Omega Flex, Inc. (OFLX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.34%

5-year avg

1.81%

10-year avg

1.57%

Omega Flex, Inc. (OFLX) Dividend Yield vs. Peers

How is OFLX’s Dividend Yield compared to its peers?

Omega Flex, Inc.’s Dividend Yield is less than Helios Technologies, Inc. (0.87%), less than EnPro Industries, Inc. (0.77%), less than Luxfer Holdings PLC (4.48%), less than Hurco Companies, Inc. (2.60%), less than Enerpac Tool Group Corp. (0.10%), less than The Gorman-Rupp Company (1.92%), greater than Graham Corporation (0%), less than Kadant Inc. (0.38%), less than Tennant Company (1.21%), less than Franklin Electric Co., Inc. (1.00%), greater than CIRCOR International, Inc. (0%), less than John Bean Technologies Corporation (0.44%), less than Donaldson Company, Inc. (1.46%),

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