Flexsteel Industries, Inc. to Issue Quarterly Dividend of $0.20 (FLXS)
Flexsteel Industries, Inc. (NASDAQ:FLXS) announced a quarterly dividend on Wednesday, June 7th. Investors of record on Friday, June 16th will be paid a dividend of 0.20 per share on Wednesday, July 5th. This represents a $0.80 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date is Wednesday, June 14th.
Shares of Flexsteel Industries (FLXS) traded up 3.13% during midday trading on Friday, reaching $56.26. 17,993 shares of the company were exchanged. The company has a market capitalization of $439.67 million, a P/E ratio of 18.45 and a beta of 1.84. Flexsteel Industries has a 52-week low of $37.93 and a 52-week high of $62.99. The stock has a 50-day moving average price of $52.49 and a 200 day moving average price of $53.38.
Flexsteel Industries (NASDAQ:FLXS) last issued its quarterly earnings results on Thursday, April 20th. The company reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by $0.15. Flexsteel Industries had a net margin of 6.31% and a return on equity of 13.78%. The business had revenue of $120.75 million during the quarter. Equities research analysts expect that Flexsteel Industries will post $3.24 EPS for the current fiscal year.
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Flexsteel Industries Company Profile
Flexsteel Industries, Inc is a manufacturer, importer, marketer and distributor of residential and commercial upholstered and wood furniture products in the United States. The Company offers its products for contract under categories, such as hospitality, healthcare, senior living, government and commercial office.
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