Tandy Leather Factory, Inc.
TLFConsumer Cyclical · Stock · annual payer
Forward Yield
28.74%
Annual Dividend
$0.75
Payout Ratio
0%
5-Yr Growth
—
Ex-Date
Feb 25, 2026
Frequency
Annual
Summary
As of September 2026, Tandy Leather Factory, Inc. (TLF) yields 28.74% ($0.75 per share annually), with a blended fair-value estimate of $1.11 — -57% downside, so it screens as overvalued. Dividend safety grade: D (46/100). 1 years of dividend growth.
Is TLF a good dividend stock?
MixedTandy Leather Factory, Inc. (TLF) pays a annual dividend yielding 28.74% ($0.75/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2012
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 28.74%
- Payout Ratio
- 0%
- Annual Dividend
- $0.75
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Feb 25, 2026
- Years of Growth
- 1
- Frequency
- annual
- Beta
- 0.58
- Market Cap
- $21.4M
- P/E Ratio
- —
- 5-Yr Total Return
- -49%
- 52-Week Range
- $2.20 – $3.36
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2012)
Frequently Asked Questions
TLF Price — Last 12 Months
Daily close
Price Return
1 Year
-14%
3 Years
-39%
5 Years
-49%
52-Week Range
$2.20 – $3.36
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TLF worth?
Overvaluedlow confidenceOur blended fair-value estimate for Tandy Leather Factory, Inc. is $1.11 per share, versus a market price of $2.58. That implies 57% of downside.
Fair Value
$1.11
Current Price
$2.58
Downside
-57%
Margin of Safety
-133%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
At today's price, the market is pricing in about 2.1% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.2% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$0.16 EPS, $0.75 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TLF Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Feb 25, 2026 | — | $0.7500 | regular |
| Feb 19, 2025 | — | $1.5000 | regular |
| Jul 2, 2014 | — | $0.2500 | regular |
| Feb 28, 2012 | — | $0.2500 | regular |
| Jun 1, 2010 | — | $0.7500 | regular |
Income Calculator
At $0.75 / yr per share
