Flexsteel Industries, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Flexsteel Industries announced its Board of Directors has declared a quarterly dividend of $0.15 per share. The dividend is payable on July 8, 2024, to shareholders recorded by June 26, 2024. Since 1938, Flexsteel has consistently paid cash dividends on its common stock, marking the 330th consecutive quarterly cash dividend.

Positive

• Declared quarterly dividend of $0.15 per share.
• Dividend to be paid on July 8, 2024.
• Record date for the dividend is June 26, 2024.
• Flexsteel has a long history of paying cash dividends, since 1938.
• This marks the 330th consecutive quarterly cash dividend.

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 July 8, 2024, to shareholders of record as of June 26, 2024.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 330^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/20240611224988/en/

INVESTOR CONTACT:

Michael Ressler, Flexsteel Industries, Inc.

563-585-8116

investors@flexsteel.com

Source: Flexsteel Industries, Inc.

FAQ

What dividend did Flexsteel Industries declare?

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

When is the Flexsteel Industries dividend payable?

The Flexsteel Industries dividend is payable on July 8, 2024.

What is the record date for the Flexsteel Industries dividend?

The record date for the Flexsteel Industries dividend is June 26, 2024.

How long has Flexsteel Industries been paying dividends?

Flexsteel Industries has been paying dividends since 1938.

How many consecutive quarterly dividends has Flexsteel Industries paid?

Flexsteel Industries has paid 330 consecutive quarterly dividends.