Flexsteel Industries, Inc. Announces Double-Digit Increase to Quarterly Dividend
11 September 2024 - 6:10AM
Business Wire
Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of
Directors declared an increased quarterly dividend of $0.17 per
share, payable October 7, 2024, to shareholders of record as of
September 25, 2024. The $0.17 per share quarterly dividend is an
increase of over 13% from the previous quarterly dividend.
Flexsteel has paid cash dividends on its common stock each year
since 1938. This is the 331st 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240910251249/en/
INVESTOR CONTACT: Michael Ressler, Flexsteel Industries, Inc.
563-585-8116 investors@flexsteel.com
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