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From Home Furnishing Business
Flexsteel Increases Dividend by 11%
September 14,
2016 by Jane Chero in Financial Reports, Industry 
The Board of Directors of Flexsteel (FLXS) has voted to increase the company’s quarterly cash dividend to 20 cents per share, payable Oct. 7 to shareholders of record Sept. 23.
The new dividend is a hike of 2 cents per share, or approximately 11%.
The company said it is the fifth dividend increase since March 2009, when the dividend was 5 cents per share.