Flexsteel Declares 5-Cent Dividend

June 8, 2010  by in UnCategorized   

By Home Furnishings Business in Financial Reports on June 9, 2010 The board of directors of Flexsteel Inds. (NASDAQ: FLXS) declared a third quarter dividend of $0.05 per share payable July 1 to shareholders on record as of June 18.

In a release, the company said it believes that its cash flow and operating income levels are supportive of the current dividend.

Located in Dubuque, Iowa, the company supplies case goods and upholstery for the furniture industry, as well as for recreational vehicles, office, hospitality and healthcare markets.