Flexsteel Industries, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Flexsteel Industries, Inc. (NASDAQ:FLXS) declared a quarterly dividend of $0.15 per share, payable on July 11, 2022, to shareholders of record as of June 29, 2022. This marks the 322^nd consecutive quarterly cash dividend, showcasing a strong commitment to returning value to shareholders. Flexsteel has maintained cash dividends since 1938, reflecting its established presence in the furniture industry.

Positive

• Declared a quarterly dividend of $0.15 per share, emphasizing shareholder returns.
• 322nd consecutive quarterly cash dividend demonstrates financial stability and commitment to investors.

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• None.

DUBUQUE, Iowa--(BUSINESS WIRE)-- Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.15 per share, payable July 11, 2022 to shareholders of record as of June 29, 2022.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 322^nd consecutive quarterly cash dividend.

About Flexsteel

Flexsteel Industries, Inc. and Subsidiaries (the “Company”) is one of the largest manufacturers, importers and online marketers of furniture products in the United States. Product offerings include a wide variety of furniture such as sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, and bedroom furniture. A featured component in most of the upholstered furniture is a unique steel drop-in seat spring from which the name “Flexsteel” is derived. The Company distributes its products throughout the United States through its eCommerce channel and direct sales force.

For more information, visit our website at http://www.flexsteel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220614005984/en/

INVESTOR CONTACT:

Alejandro Huerta

Flexsteel Industries

563.585.8383

investors@flexsteel.com

Source: Flexsteel Industries, Inc.

FAQ

What is the dividend amount declared by Flexsteel Industries (FLXS)?

Flexsteel Industries (FLXS) declared a dividend of $0.15 per share.

When will the dividend for FLXS be paid?

The dividend will be paid on July 11, 2022.

What is the record date for the FLXS dividend?

The record date for the dividend is June 29, 2022.

How long has Flexsteel Industries been paying dividends?

Flexsteel Industries has paid cash dividends since 1938, marking over 80 years of dividend payments.

What is the significance of the 322nd dividend declared by FLXS?

The 322nd dividend reflects Flexsteel's consistent financial performance and commitment to shareholder returns.