
Omega Flex, Inc.
OFLXIndustrials · Specialty Industrial Machinery · Stock · quarterly payer
Forward Yield
5.59%
Annual Dividend
$1.36
Payout Ratio
116%
5-Yr Growth
4.0%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about OFLX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Omega Flex, Inc. (OFLX) has a forward dividend yield of 5.59%, based on an annual dividend of $1.36 per share and a share price of $24.29.
- As of Oct 27, 2026, OFLX's dividend safety grade from SmarterDividends is B (70 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Omega Flex, Inc. (OFLX) has raised its dividend for 8 consecutive years as of Oct 27, 2026.
- OFLX has never cut its regular dividend in the payment history SmarterDividends has on record.
- OFLX's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.34 per share.
- As of Oct 27, 2026, OFLX pays out 116% of its trailing 12-month earnings as dividends (its payout ratio).
- OFLX's dividend has grown at an average rate of 4.0% a year over the past five years.
- As of Oct 27, 2026, OFLX's 5.59% yield is 182% above its five-year average yield of 1.98%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for OFLX is $45.52 per share, 87% above the $24.29 share price, so OFLX screens as undervalued.
- Omega Flex, Inc. (OFLX) pays its dividend quarterly, 4 times a year.
- Omega Flex, Inc. (OFLX) has raised its regular dividend 9 times and cut it 1 time across the 48 payments on record since 2006. Its most recent change was a 3.0% increase to $0.340 per share, going ex-dividend on Jun 26, 2024. The last cut went ex-dividend on Jun 16, 2017.
- Omega Flex (OFLX) has declared its first higher dividend of the year in June in 4 of the last 5 years; its most recent raise, 3.0%, was declared on Jun 13, 2024.
Cite this page
SmarterDividends, "OFLX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/OFLX
Summary
As of Oct 27, 2026, Omega Flex, Inc. (OFLX) yields 5.59% ($1.36 a year per share), has a dividend safety grade of B (70/100) and has 8 consecutive years of dividend increases on record.
Is OFLX a good dividend stock?
Yes, with caveatsOmega Flex, Inc. (OFLX) pays a quarterly dividend yielding 5.59% ($1.36/yr), with 8 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (116%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.59%
- Payout Ratio
- 116%
- Annual Dividend
- $1.36
- 5-Yr Avg Growth
- 4.0%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 8
- Frequency
- quarterly
- Beta
- 0.44
- Market Cap
- $245.2M
- P/E Ratio
- 20.6
- 5-Yr Total Return
- -79%
- 52-Week Range
- $24.57 – $37.92
- Dividend Safety
- B · 70/100
- Ever Cut?
- No
OFLX dividend raises and cuts
Omega Flex, Inc. (OFLX) has raised its regular dividend 9 times and cut it 1 time across the 48 payments on record since 2006. Its most recent change was a 3.0% increase to $0.340 per share, going ex-dividend on Jun 26, 2024. The last cut went ex-dividend on Jun 16, 2017.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 26, 2024 | Raise | $0.330 → $0.340 | +3.0% |
| Jun 23, 2023 | Raise | $0.320 → $0.330 | +3.1% |
| Jun 23, 2022 | Raise | $0.300 → $0.320 | +6.7% |
| Jun 21, 2021 | Raise | $0.280 → $0.300 | +7.1% |
| Jun 21, 2019 | Raise | $0.240 → $0.280 | +16.7% |
| Jun 15, 2018 | Raise | $0.220 → $0.240 | +9.1% |
| Jun 16, 2017 | Cut | $0.850 → $0.220 | −74.1% |
| Dec 17, 2015 | Raise | $0.490 → $0.850 | +73.5% |
| Dec 18, 2014 | Raise | $0.425 → $0.490 | +15.3% |
| Dec 12, 2008 | Raise | $0.400 → $0.500 | +25.0% |
Frequently Asked Questions
Is OFLX a good dividend stock?
Yes, with caveats. Omega Flex, Inc. (OFLX) pays a quarterly dividend yielding 5.59% ($1.36/yr), with 8 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is OFLX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OFLX's fair value is about $45.52 versus a $24.29 share price — so it looks undervalued (+87% vs. fair value).
Is OFLX's dividend safe?
OFLX has a dividend-safety grade of B (70/100), based on its payout coverage, free-cash-flow, 8-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is OFLX's fair value?
Our blended fair-value estimate for OFLX is about $45.52 per share, roughly 87% above the current $24.29 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is OFLX a buy, hold, or sell?
We don't issue formal ratings, but on the data OFLX screens as "yes, with caveats" and undervalued. Omega Flex, Inc. (OFLX) pays a quarterly dividend yielding 5.59% ($1.36/yr), with 8 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will OFLX cut its dividend?
OFLX earns a dividend-safety grade of B (70/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does OFLX pay a dividend?
Yes. Omega Flex, Inc. pays a quarterly dividend of about $1.36 per share annually, a forward yield of roughly 5.59%.
What is OFLX's dividend yield?
As of Oct 27, 2026, OFLX's forward dividend yield is 5.59%, based on a $1.36 annual dividend and a $24.29 share price.
What is OFLX's dividend per share?
As of Oct 27, 2026, OFLX pays $1.36 per share per year, distributed on a quarterly basis.
What is OFLX's dividend payout ratio?
As of Oct 27, 2026, OFLX's payout ratio is 116% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has OFLX grown its dividend?
As of Oct 27, 2026, OFLX has increased its dividend for 8 consecutive years.
When is the next OFLX ex-dividend date?
As of Oct 27, 2026, OFLX's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.34 per share.
OFLX Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
-65%
5 Years
-79%
52-Week Range
$24.57 – $37.92
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OFLX worth?
Undervaluedlow confidenceOur blended fair-value estimate for Omega Flex, Inc. is $45.52 per share, versus a market price of $24.29. That implies 87% of upside — a margin of safety of about 47%.
Fair Value
$45.52
Current Price
$24.29
Upside
+87%
Margin of Safety
47%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -6.4% annual free-cash-flow growth. We model 10.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 10.2% growth for five years fading to 2.5% over the next five, $1.18 EPS, $1.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OFLX Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full OFLX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 14, 2026 | $0.3400 | regular |
| Jun 23, 2026 | Jul 7, 2026 | $0.3400 | regular |
| Apr 9, 2026 | Apr 21, 2026 | $0.3400 | regular |
| Dec 19, 2025 | Jan 7, 2026 | $0.3400 | regular |
| Sep 25, 2025 | Oct 8, 2025 | $0.3400 | regular |
| Jun 30, 2025 | Jul 10, 2025 | $0.3400 | regular |
| Apr 10, 2025 | Apr 22, 2025 | $0.3400 | regular |
| Dec 19, 2024 | Jan 7, 2025 | $0.3400 | regular |
| Sep 26, 2024 | Oct 8, 2024 | $0.3400 | regular |
| Jun 26, 2024 | Jul 10, 2024 | $0.3400 | regular |
| Apr 9, 2024 | Apr 24, 2024 | $0.3300 | regular |
| Dec 18, 2023 | Jan 4, 2024 | $0.3300 | regular |
| Sep 22, 2023 | Oct 6, 2023 | $0.3300 | regular |
| Jun 23, 2023 | Jul 7, 2023 | $0.3300 | regular |
Income Calculator
At $1.36 / yr per share
Similar Dividend Stocks
Compare OFLX
Explore more
Lists and tools related to OFLX
- Companies that raise dividends in June →
- Stocks that pay dividends in October →
- Undervalued dividend stocks →
- Industrials dividend stocks →
- OFLX dividend calculator →
- OFLX DRIP calculator →
- OFLX: last day to buy for the dividend →
- Embed OFLX dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →
