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 January 3, 2022, to shareholders of record as of December 22, 2021. This marks the 320th consecutive quarterly cash dividend that the company has paid since 1938, highlighting its commitment to returning value to shareholders. Flexsteel is a major player in the U.S. furniture market, providing a diverse range of products from sofas to dining tables. The company's longevity in dividend payments reflects its strength and stability in the market.

Positive

• Declared a quarterly dividend of $0.15 per share.
• Celebrating 320 consecutive quarterly cash dividends since 1938.
• Demonstrates strong financial health and commitment to shareholder returns.

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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 January 3, 2022 to shareholders of record as of December 22, 2021.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 320^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 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/20211207006047/en/

INVESTOR CONTACT:

Derek Schmidt, Flexsteel Industries

563.585.8383

investors@flexsteel.com

Source: Flexsteel Industries, Inc.

FAQ

What is the dividend amount for Flexsteel Industries (FLXS) in 2022?

Flexsteel Industries declared a quarterly dividend of $0.15 per share.

When will the dividend for FLXS be paid?

The dividend will be payable on January 3, 2022.

What is the record date for Flexsteel's dividend payment?

The record date for the dividend payment is December 22, 2021.

How long has Flexsteel Industries (FLXS) been paying dividends?

Flexsteel has paid cash dividends on its common stock each year since 1938.

How many consecutive quarterly dividends has Flexsteel Industries paid?

Flexsteel has paid 320 consecutive quarterly cash dividends.