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 April 4, 2022, to shareholders of record by March 23, 2022. This marks the 321st consecutive quarterly cash dividend since the company began paying dividends in 1938. Flexsteel is a major manufacturer and marketer of various furniture products in the U.S., known for its innovative steel drop-in seat spring technology.

Positive

• Quarterly dividend of $0.15 per share announced.
• 321st consecutive quarterly cash dividend.
• Consistent dividend payments 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 4, 2022 to shareholders of record as of March 23, 2022.

Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 321^st 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/20220308006277/en/

Derek Schmidt, Flexsteel Industries 563.585.8383

investors@flexsteel.com

Source: Flexsteel Industries, Inc.

FAQ

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

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

When is the dividend for FLXS payable?

The dividend is payable on April 4, 2022.

What is the record date for the FLXS dividend?

The record date for the dividend is March 23, 2022.

How long has Flexsteel Industries paid dividends?

Flexsteel has paid cash dividends since 1938, totaling 321 consecutive quarters.