Flexsteel Industries, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Flexsteel Industries, Inc. (NASDAQ:FLXS) has declared a quarterly dividend of $0.10 per share, payable on January 4, 2021, to shareholders on record as of December 23, 2020. This marks the 316^th consecutive quarterly cash dividend, showcasing Flexsteel's commitment to returning value to shareholders since 1938. Leveraging a strong product portfolio, the company continues to be a significant player in the U.S. furniture market, offering a range of upholstered furniture products through ecommerce and direct sales.

Positive

• Declared a quarterly dividend of $0.10 per share.
• 316th consecutive quarterly cash dividend demonstrates stability and commitment to shareholders.
• Established history of paying dividends since 1938.

Negative

• None.

DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS) announced its Board of Directors declared a quarterly dividend of $0.10 a share, payable January 4, 2021 to shareholders of record as of December 23, 2020.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 316^th 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 upholstered 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.