Daily News Archive
Brought to you by Home Furnishings Business
Flexsteel Ups Dividend
June 6,
2012 by in UnCategorized
By Home Furnishings Business in Business Strategy on June 7, 2012
Flexsteel Inds. (NASDAQ: FLXS) will issue a 50 percent increase in its quarterly dividend with its $0.15 per share dividend.
The increased dividend, payable July 2 to shareholders of record as of June 15, is the third increase since March 2009.
The board of directors said it is committed to improving shareholder value through "increased dividends based upon sustainable earnings per share."