Flexsteel Announces Quarterly Dividend
March 09 2010 - 10:43AM
Business Wire
Flexsteel Industries, Inc. (NASDAQ: FLXS) The Board of Directors
declared its second quarter dividend of $0.05 per share payable
April 1, 2010 to shareholders on record as of March 22, 2010.
Flexsteel has paid cash dividends each year since 1938 on its
common stock. This is the 273rd consecutive cash dividend. The
Company has no restrictions on the payment of dividends. The
Company believes that its cash flow and operating income levels are
supportive of the current dividend.
Flexsteel Industries, Inc. is headquartered in Dubuque, Iowa,
and was incorporated in 1929.
Flexsteel is a designer, manufacturer, importer and marketer of
quality upholstered and wood furniture for residential,
recreational vehicle, office, hospitality and healthcare markets.
All products are distributed nationally.
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