Flexsteel Industries, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Flexsteel Industries, Inc. (NASDAQ:FLXS) announced a quarterly dividend of $0.15 per share, payable on July 12, 2021, to shareholders of record by June 30, 2021. This marks the 318th consecutive quarterly cash dividend since 1938, reflecting the company's commitment to returning value to shareholders. Flexsteel is one of the largest manufacturers and marketers of furniture in the U.S., offering a wide range of products through both eCommerce and direct sales channels.

Positive

• Quarterly dividend of $0.15 per share reflects continued shareholder value.
• 318th consecutive quarterly cash dividend demonstrates financial stability.
• Long history of maintaining dividends since 1938 increases investor confidence.

Negative

• None.

Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.15 per share, payable July 12, 2021 to shareholders of record as of June 30, 2021.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 318^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 web site at http://www.flexsteel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210615005343/en/

FAQ

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

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

When will the dividend for FLXS be paid?

The dividend will be paid on July 12, 2021.

What is the record date for Flexsteel's dividend?

The record date for the dividend is June 30, 2021.

How long has Flexsteel been paying dividends?

Flexsteel has paid cash dividends annually since 1938.

How does Flexsteel's dividend history impact investors?

The long history of consistent dividends indicates a strong commitment to returning value to shareholders.