FSI Announces Five Cent Special Dividend to be Paid May 16 to Shareholders of Record April 28
April 14 2023 - 9:00AM
FLEXIBLE SOLUTIONS INTERNATIONAL, INC.
(
NYSE-AMERICAN:
FSI), is the developer and manufacturer of biodegradable
polymers for oil extraction, detergent ingredients and water
treatment as well as crop nutrient availability chemistry. Flexible
Solutions also manufactures biodegradable and environmentally safe
water and energy conservation technologies. Today the Company
announces that it will pay a five cent per share special dividend
on May16th 2023 to shareholders of record on April 28th 2023.
Mr. Dan O'Brien states, "We are pleased that our
current financial condition allows us to dividend profits to
shareholders. However, this is a special dividend; not a regular
dividend.” Mr. O’Brien continues, “The FSI Board and management
will continue to monitor retained earnings and capital needs with
the goals of growing the Company and declaring dividends when
appropriate."
About Flexible Solutions
International
Flexible Solutions International, Inc.
(www.flexiblesolutions.com), based in Victoria, British Columbia,
is an environmental technology company. The Company’s NanoChem
Solutions Inc. subsidiary specializes in biodegradable,
water-soluble products utilizing thermal polyaspartate (TPA)
biopolymers. TPA beta-proteins are manufactured from the common
biological amino acid, L-aspartic and have wide usage including
scale inhibitors, detergent ingredients, water treatment and crop
enhancement. Along with TPA, this division started producing other
crop enhancement products as well. The other divisions manufacture
energy and water conservation products for drinking water,
agriculture, industrial markets and swimming pools throughout the
world. FSI is the developer and manufacturer of WaterSavrTM, the
world’s first commercially viable water evaporation retardant.
WaterSavrTM reduces evaporation by up to 30% on reservoirs, lakes,
aqueducts, irrigation canals, ponds and slow moving rivers.
HeatsavrTM, a “liquid blanket” evaporation retardant for the
commercial swimming pool and spa markets, reduces energy costs by
15% to 40% and can result in reduced indoor pool humidity.
Safe Harbor Provision
The Private Securities Litigation Reform Act of
1995 provides a "Safe Harbor" for forward-looking statements.
Certain of the statements contained herein, which are not
historical facts, are forward looking statement with respect to
events, the occurrence of which involve risks and uncertainties.
These forward-looking statements may be impacted, either positively
or negatively, by various factors. Information concerning potential
factors that could affect the company is detailed from time to time
in the company's reports filed with the Securities and Exchange
Commission.
Flexible Solutions
International6001 54th
Ave, Taber, Alberta, CANADA T1G 1X4
Company ContactsJason BloomToll Free:
800.661.3560Fax: Fax: 403.223.2905Email:
info@flexiblesolutions.com
If you have received this news release by
mistake or if you would like to be removed from our update list
please reply to: info@flexiblesolutions.com
To find out more information about Flexible
Solutions and our products please visit
www.flexiblesolutions.com
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