Flexsteel Announces Quarterly Dividend
June 07 2011 - 3:00PM
Business Wire
Flexsteel Industries, Inc. (NASDAQ: FLXS) … The Board of
Directors of Flexsteel Industries, Inc. declared a quarterly
dividend of $0.075 per share, payable July 1, 2011 to shareholders
of record as of June 17, 2011.
Flexsteel has paid cash dividends each year since 1938 on its
common stock. This is the 278th 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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