Flexsteel Industries, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Flexsteel Industries, Inc. (NASDAQ:FLXS) has declared a quarterly dividend of $0.15 per share, payable on April 3, 2023, to shareholders of record as of March 22, 2023. This marks the company's 325th consecutive quarterly cash dividend, affirming its commitment to returning value to shareholders.

Founded in 1938, Flexsteel is a leading manufacturer and marketer of residential furniture in the U.S., offering a diverse range of products including sofas, chairs, and outdoor furniture. The company distributes through e-commerce and direct sales.

Positive

• Declared a quarterly dividend of $0.15 per share.
• 325th consecutive quarterly cash dividend reflects financial stability.
• Established history of cash dividends since 1938.

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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 April 3, 2023, to shareholders of record as of March 22, 2023.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 325^th consecutive quarterly cash dividend.

About Flexsteel

Flexsteel Industries, Inc., and Subsidiaries (the “Company”) is one of the largest manufacturers, importers, and marketers of residential furniture products in the United States. Product offerings include a wide variety of furniture such as sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor 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 e-commerce 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/20230307005957/en/

INVESTOR CONTACT:

Alejandro Huerta, Flexsteel Industries

563.585.8126

investors@flexsteel.com

Source: Flexsteel Industries, Inc.

FAQ

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

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

When is the dividend payment date for FLXS?

The dividend is payable on April 3, 2023.

Who is eligible to receive the dividend from Flexsteel Industries?

Shareholders of record as of March 22, 2023, are eligible for the dividend.

How long has Flexsteel Industries been paying dividends?

Flexsteel Industries has paid cash dividends annually since 1938.