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 January 9, 2023, to shareholders of record as of December 28, 2022. This marks the 324th consecutive quarterly cash dividend, highlighting the company's commitment to returning value to its shareholders. Flexsteel has a long-standing tradition of paying dividends since 1938, reflecting its stability in the residential furniture market.

Positive

• Declared a quarterly dividend of $0.15 per share.
• 324th consecutive cash dividend, showcasing commitment to shareholders.
• Maintained dividend payments since 1938, indicating financial stability.

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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 9, 2023, to shareholders of record as of December 28, 2022.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 324^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/20221213006066/en/

INVESTOR CONTACT:

Alejandro Huerta, Flexsteel Industries 563.585.8126

investors@flexsteel.com

Source: Flexsteel Industries, Inc.

FAQ

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

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

When will the dividend for Flexsteel Industries be paid?

The dividend will be payable on January 9, 2023.

What is the record date for the dividend of Flexsteel Industries?

The record date for the dividend is December 28, 2022.

How long has Flexsteel Industries been paying dividends?

Flexsteel Industries has been paying cash dividends since 1938.

How many consecutive quarterly dividends has Flexsteel Industries paid?

Flexsteel Industries has paid 324 consecutive quarterly cash dividends.