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 October 4, 2021, to shareholders of record as of September 22, 2021. This marks the 319^th consecutive quarterly cash dividend, highlighting the company's long-standing commitment to returning value to shareholders since 1938. Flexsteel, a major player in the U.S. furniture industry, manufactures and markets a vast range of products including sofas and chairs, primarily through eCommerce and direct sales channels.

Positive

• Declared a quarterly dividend of $0.15 per share.
• 319th consecutive quarterly dividend, demonstrating financial stability.

Negative

• 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 October 4, 2021 to shareholders of record as of September 22, 2021.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 319^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/20210908005884/en/

Derek Schmidt, Flexsteel Industries

563.585.8383

investors@flexsteel.com

Source: Flexsteel Industries, Inc.

FAQ

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

Flexsteel Industries declared a dividend of $0.15 per share.

When will Flexsteel's dividend be paid?

The dividend will be paid on October 4, 2021.

What is the record date for Flexsteel's dividend?

The record date for the dividend is September 22, 2021.

How long has Flexsteel been paying dividends?

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