Insteel Industries, Inc. (NYSE:IIIN) to Issue $0.03 Quarterly Dividend

Posted by on May 13th, 2026

Insteel Industries, Inc. (NYSE:IIIN – Get Free Report) declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Friday, June 12th will be given a dividend of 0.03 per share on Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Friday, June 12th.

Insteel Industries has raised its dividend payment by an average of 0.6%annually over the last three years. Insteel Industries has a payout ratio of 4.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Insteel Industries to earn $2.31 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 5.2%.

Insteel Industries Stock Performance

Shares of IIIN traded up $0.07 during midday trading on Wednesday, hitting $26.33. 44,788 shares of the company traded hands, compared to its average volume of 189,499. Insteel Industries has a 52 week low of $24.35 and a 52 week high of $41.64. The firm has a 50 day moving average of $31.24 and a 200-day moving average of $32.45. The stock has a market cap of $511.57 million, a price-to-earnings ratio of 12.08, a PEG ratio of 1.70 and a beta of 0.53.

Insteel Industries (NYSE:IIIN – Get Free Report) last announced its quarterly earnings results on Thursday, April 16th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.53). Insteel Industries had a net margin of 6.16% and a return on equity of 11.72%. The business had revenue of $172.65 million during the quarter. During the same period last year, the firm posted $0.52 earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. Sell-side analysts predict that Insteel Industries will post 1.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

IIIN has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of Insteel Industries from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, April 22nd. Zacks Research lowered shares of Insteel Industries from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Finally, Wall Street Zen lowered shares of Insteel Industries from a “hold” rating to a “sell” rating in a report on Monday, May 4th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

View Our Latest Report on IIIN

Insteel Industries Company Profile

(Get Free Report)

Insteel Industries, Inc is a leading manufacturer of steel wire reinforcing products used in concrete construction. The company specializes in the design, fabrication and distribution of welded-wire reinforcement, cut-and-bent reinforcement and related accessories for concrete walls, floors and columns. Its products are employed across residential, commercial and infrastructure projects, providing structural strength and dimensional stability in poured concrete applications.

Key product lines include truss mats—prefabricated, ladder-like assemblies of welded wire designed for rapid placement—and custom cut-and-bent wire assemblies that meet specific engineering requirements.

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Dividend History for Insteel Industries (NYSE:IIIN)

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