$29.95
-4.6%Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries. It offers SlenderWall, a patented, lightweight, energy efficient concrete and steel exterior wall panel for use in building construction; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers for use on roadways to separate lanes of traffic in construction work zone or traffic control purposes; and Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations. The company also provides Easi-Set utility vaults for house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as custom-built utility vaults for special needs; SoftSound soundwall panels to absorb highway noise; Beach Prisms, an erosion control module for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding. In addition, it licenses its proprietary products in Canada, Australia, Belgium, Mexico, New Zealand, and Trinidad. The company markets its products through in-house sales force and independent sales representatives to contractors performing public and private construction contracts, such as construction of commercial buildings, public and private roads and highways, airports, and municipal utilities; and federal, state, and local transportation authorities. Smith-Midland Corporation was incorporated in 1960 and is based in Midland, Virginia.
Total Payments
7
Latest Dividend
$0.0550
Annual Amount
$0.0550
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Dec 5, 2019 | Dec 20, 2019 | Jan 3, 2020 | $0.0550 | $0.0550 | Quarterly | 0.00% |
Dec 6, 2018 | Dec 19, 2018 | Jan 2, 2019 | $0.0550 | $0.0550 | Quarterly | +450.00% |
Dec 22, 2016 | Dec 30, 2016 | Jan 13, 2017 | $0.0100 | $0.0100 | Annual | -75.00% |
Dec 3, 2015 | Dec 18, 2015 | Dec 30, 2015 | $0.0400 | $0.0400 | Annual | +14.29% |
Dec 22, 2014 | Dec 17, 2014 | Dec 30, 2014 | $0.0350 | $0.0350 | Annual | +16.67% |
Dec 16, 2013 | Dec 20, 2013 | Dec 27, 2013 | $0.0300 | $0.0300 | Annual | -40.00% |
Dec 20, 2012 | Dec 14, 2012 | Dec 31, 2012 | $0.0500 | $0.0500 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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