Flexsteel Industries, Inc. (FLXS) Plans $0.22 Quarterly Dividend
Flexsteel Industries, Inc. (NASDAQ:FLXS) declared a quarterly dividend on Wednesday, December 6th, Wall Street Journal reports. Investors of record on Friday, December 15th will be given a dividend of 0.22 per share on Tuesday, January 2nd. This represents a $0.88 annualized dividend and a yield of 1.71%. The ex-dividend date is Thursday, December 14th.
Flexsteel Industries (FLXS) traded up $0.10 on Wednesday, reaching $51.53. The company had a trading volume of 32,200 shares, compared to its average volume of 27,996. Flexsteel Industries has a 1 year low of $43.25 and a 1 year high of $62.99. The firm has a market cap of $403.48, a price-to-earnings ratio of 16.92 and a beta of 2.03.
In related news, Director Jeffrey T. Bertsch sold 1,510 shares of the stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $50.00, for a total transaction of $75,500.00. Following the transaction, the director now owns 195,659 shares of the company’s stock, valued at approximately $9,782,950. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 6.00% of the stock is currently owned by corporate insiders.
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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