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From Home Furnishing Business

Flexsteel Increases Dividend by 20%

Upholstered furniture manufacturer Flexsteel Inds. (NASDAQ: FLXS) has declared a quarterly dividend of $0.18 per share, a 20 percent increase.

The dividend is payable Oct. 3 to shareholders of record as of Sept. 19. This is the fourth increase since March 2009, when the dividend was $0.05 per share.

Flexsteel, Dubuque, Iowa, has paid cash dividends on its common stock each year since 1938. This is the 291st consecutive quarterly cash dividend.



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