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Stock impact report

Omega Flex (NASDAQ:OFLX) Has Affirmed Its Dividend Of $0.34 [Yahoo! Finance]

Omega Flex, Inc. (OFLX) 
US:NASDAQ Investor Relations: omegaflexcorp.com
Company Research Source: Yahoo! Finance
The dividend yield will be 4.5% based on this payment which is still above the industry average. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. A big dividend yield for a few years doesn't mean much if it can't be sustained. Prior to this announcement, Omega Flex was paying out 85% of earnings and more than 75% of free cash flows. This indicates that the company is more focused on returning cash to shareholders than growing the business, but it is still in a reasonable range to continue with. EPS is set to fall by 2.5% over the next 12 months if recent trends continue. If recent patterns in the dividend continue, we could see the payout ratio reaching 95% in the next 12 months which is on the higher end of the range we would say is sustainable. View our latest analysis for Omega Flex The company has a sustained re Show less Read more
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