Encore Wire (WIRE) Declares $0.02 Quarterly Dividend; 0.2% Yield

Encore Wire (NASDAQ: WIRE) declared a quarterly dividend of $0.02 per share, or $0.08 annualized.

The dividend will be payable on January 15, 2021, to stockholders of record on January 1, 2021, with an ex-dividend date of December 30, 2020.

The annual yield on the dividend is 0.2 percent.

Daniel L. Jones, Chairman, President and Chief Executive Officer of Encore Wire Corporation, said, “This two-cent per share dividend will be paid on January 15, 2021 to stockholders of record at the close of business on January 1, 2021. Any future quarterly dividends will be paid subject to earnings and cash flow considerations. We appreciate our stockholders’ commitment to the continued growth of Encore Wire. We will continue to manage the Company for the long-term and strive to protect our strong balance sheet.”

For a dividend history and other dividend-related data on Encore Wire (WIRE) click here.

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