Flexsteel Announces Quarterly Dividend
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ: FLXS) … The Board of Directors of Flexsteel Industries, Inc. declared a quarterly dividend of $0.18 per share, payable April 1, 2016 to shareholders of record as of March 18, 2016.
Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 297th consecutive quarterly cash dividend. The Company believes that its cash flow and operating income levels support the current dividend.
Flexsteel Industries, Inc. is headquartered in Dubuque, Iowa, and was incorporated in 1929. Flexsteel is a designer, manufacturer, and marketer of quality upholstered and wood furniture for residential, healthcare, hospitality, office and recreational vehicle markets. All products are distributed nationally.
Flexsteel Industries, Inc., Dubuque
Timothy E. Hall, 563-585-8392
Chief Financial Officer