Interface dividend calculator – Interface declares dividend of $0.01 per share for 2023, payable on April 14 to shareholders of record on March 31.
March 18, 2023
Trending News ☀️
Interface ($NASDAQ:TILE) has declared a dividend of $0.01 per share for 2023, payable on April 14 to shareholders of record on March 31. This dividend amount will remain the same throughout the year, with Interface making no changes or adjustments to it. It is also a sign of increased financial stability and health for Interface, as the company continues to invest in its products and services. It will not be available to new shareholders who may have purchased shares after that date, so it is important to ensure that you are on record as a shareholder by that time.
Overall, this dividend declaration from Interface is good news for its shareholders. It is another sign that the company is on an upward trajectory and looking to reward its shareholders with this small but meaningful dividend.
Dividends – Interface dividend calculator
This marks the fourth consecutive year of dividend payments for INTERFACE and follows the trend of the company’s last three years, where the dividend per share per annum was $0.04. This trend has resulted in a dividend yield of 0.31% for each of the last three years, and an overall average dividend yield of 0.31%.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Interface. More…
| Total Revenues | Net Income | Net Margin |
| 1.3k | 19.24 | 3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Interface. More…
| Operations | Investing | Financing |
| 43.06 | -18.44 | -19.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Interface. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.27k | 904.97 | 6.22 |
Key Ratios Snapshot
Some of the financial key ratios for Interface are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.1% | -7.6% | 5.5% |
| FCF Margin | ROE | ROA |
| 1.9% | 13.1% | 3.5% |
Stock Price
Following the news, the media sentiment surrounding the company has been largely positive. At the close of trading, INTERFACE’s stock opened at $7.8 and closed at $7.8, representing a 1.0% decline from its previous closing price of $7.9. Live Quote…
Analysis – Interface Stock Fair Value Calculation
At GoodWhale, we recently conducted an analysis of INTERFACE‘s financials and have determined that the fair value of its stock is approximately $5.6. This valuation was calculated using our proprietary Valuation Line, a tool that takes into account various metrics, such as the company’s historical performance, profitability, and growth prospects. Currently, INTERFACE’s stock is trading at $7.8, which represents an overvaluation of 38.3%. This discrepancy between the fair value and the current market price may indicate that there is an opportunity to enter the market at a lower cost. Investors should take the time to consider the long-term prospects of INTERFACE and weigh them against any immediate gains from investing in the company when making their decision. More…
Peers
Interface Inc, a US-based company, is one of the world’s leading manufacturers of floorcoverings. The company produces a wide range of products, including carpet tiles, broadloom carpets, and rugs. Interface Inc has a strong competitive position in the market, with a leading market share in the US and Europe. The company faces stiff competition from a number of competitors, including Somfy SA, Churchill China PLC, and PT Imago Mulia Persada Tbk.
– Somfy SA ($LTS:0RR3)
Somfy SA is a French company that manufactures and markets motors and controls for blinds, awnings, curtains, gates, and garage doors. The company also manufactures and markets home automation products. As of 2022, Somfy SA had a market capitalization of 3.42 billion euros and a return on equity of 12.25%. The company’s products are sold in more than 60 countries around the world.
– Churchill China PLC ($LSE:CHH)
Churchill China PLC is a leading supplier of ceramic tableware to the hotel, restaurant and catering industry in the United Kingdom. The company has a market cap of 142.97M as of 2022 and a Return on Equity of 13.12%. Churchill China PLC designs, manufactures and distributes an extensive range of ceramic products for the foodservice, hospitality and retail sectors. The company’s products include dinnerware, glassware, flatware, table accessories and giftware. Churchill China PLC is headquartered in Stoke-on-Trent, the United Kingdom.
– PT Imago Mulia Persada Tbk ($IDX:LFLO)
PT Imago Mulia Persada Tbk is a publicly traded company with a market cap of 76.7 billion as of 2022. The company has a return on equity of 3.95%. The company is engaged in the business of providing services related to the management and operation of toll roads.
Summary
Interface is a global flooring manufacturer with a positive outlook for long-term investment. On April 14 2023, the company has declared a dividend of $0.01 per share to shareholders of record on March 31. This announcement has been met with mostly positive sentiment from the media and analysts, as investors have confidence in Interface’s ability to deliver strong returns over time.
Furthermore, Interface’s share price has been steadily increasing since last year and the company is well-positioned to continue delivering promising results in the future. Moving forward, investors will be watching the company closely to ensure Interface is able to continue meeting its financial targets and delivering returns to shareholders.
