SmarterDividends
OFLX

Omega Flex, Inc.

OFLX

Industrials · Specialty Industrial Machinery · Stock · quarterly payer

$24.29

Undervalued · +87% Add to Portfolio

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 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.

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-dateChangeOld → newMove
Jun 26, 2024Raise$0.330 → $0.340+3.0%
Jun 23, 2023Raise$0.320 → $0.330+3.1%
Jun 23, 2022Raise$0.300 → $0.320+6.7%
Jun 21, 2021Raise$0.280 → $0.300+7.1%
Jun 21, 2019Raise$0.240 → $0.280+16.7%
Jun 15, 2018Raise$0.220 → $0.240+9.1%
Jun 16, 2017Cut$0.850 → $0.220−74.1%
Dec 17, 2015Raise$0.490 → $0.850+73.5%
Dec 18, 2014Raise$0.425 → $0.490+15.3%
Dec 12, 2008Raise$0.400 → $0.500+25.0%
OFLX ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →OFLX dividend historyEvery payment, totals by year, raises and cutsView →

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.