Flexsteel Declares Quarterly Dividend

June 7, 2011  by in UnCategorized   

By Home Furnishings Business in Financial Reports on June 8, 2011

Flexsteel Inds. (NASDAQ: FLXS) has declared a quarterly dividend of $0.075 per share, payable July 1 to shareholders of record as of June 17.

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 Inds., Dubuque, Iowa,is a designer, manufacturer, importer and marketer of quality upholstered and wood furniture for residential, recreational vehicle, office, hospitality and healthcare markets.