Flexsteel Industries, Inc., together with its subsidiaries, operates as a manufacturer, importer, and online marketer of upholstered and wooden furniture for residential and contract markets in the United States. It offers upholstered furniture, such as sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, and bedroom furniture. The company distributes its products through e-commerce channels and dealer network. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa.
Flexsteel Industries Dividend Announcement
• Flexsteel Industries announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-25
• Flexsteel Industries annual dividend for 2024 was $0.47
• Flexsteel Industries annual dividend for 2023 was $0.60
• Flexsteel Industries's trailing twelve-month (TTM) dividend yield is 1.03%
• Flexsteel Industries's payout ratio for the trailing twelve months (TTM) is 23.10%
• Flexsteel Industries's dividend growth over the last five years (2018-2023) was -7.37% year
Flexsteel Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-25 | $0.17 | quarterly | 2024-10-07 |
2024-06-26 | $0.15 | quarterly | 2024-07-08 |
2024-03-25 | $0.15 | quarterly | 2024-04-04 |
2023-12-27 | $0.15 | quarterly | 2024-01-08 |
2023-09-26 | $0.15 | quarterly | 2023-10-09 |
2023-06-27 | $0.15 | quarterly | 2023-07-10 |
2023-03-21 | $0.15 | quarterly | 2023-04-03 |
2022-12-27 | $0.15 | quarterly | 2023-01-09 |
2022-09-27 | $0.15 | quarterly | 2022-10-10 |
2022-06-28 | $0.15 | quarterly | 2022-07-11 |
2022-03-22 | $0.15 | quarterly | 2022-04-04 |
2021-12-21 | $0.15 | quarterly | 2022-01-03 |
2021-09-21 | $0.15 | quarterly | 2021-10-04 |
2021-06-29 | $0.15 | quarterly | 2021-07-12 |
2021-03-16 | $0.15 | quarterly | 2021-03-29 |
2020-12-22 | $0.10 | quarterly | 2021-01-04 |
2020-09-29 | $0.05 | quarterly | 2020-10-15 |
2020-06-18 | $0.05 | quarterly | 2020-07-06 |
2020-03-19 | $0.22 | quarterly | 2020-04-06 |
2019-12-19 | $0.22 | quarterly | 2020-01-06 |
2019-09-19 | $0.22 | quarterly | 2019-10-07 |
2019-06-13 | $0.22 | quarterly | 2019-07-01 |
2019-03-14 | $0.22 | quarterly | 2019-03-29 |
2018-12-20 | $0.22 | quarterly | 2019-01-07 |
2018-09-20 | $0.22 | quarterly | 2018-10-08 |
2018-06-14 | $0.22 | quarterly | 2018-07-02 |
2018-03-15 | $0.22 | quarterly | 2018-04-02 |
2017-12-14 | $0.22 | quarterly | 2018-01-02 |
2017-09-21 | $0.22 | quarterly | 2017-10-06 |
2017-06-14 | $0.20 | quarterly | 2017-07-05 |
2017-03-15 | $0.20 | quarterly | 2017-04-03 |
2016-12-14 | $0.20 | quarterly | 2017-01-04 |
2016-09-21 | $0.20 | quarterly | 2016-10-07 |
2016-06-22 | $0.18 | quarterly | 2016-07-07 |
2016-03-16 | $0.18 | quarterly | 2016-04-01 |
2015-12-16 | $0.18 | quarterly | 2016-01-04 |
2015-09-23 | $0.18 | quarterly | 2015-10-05 |
2015-06-17 | $0.18 | quarterly | 2015-07-02 |
2015-03-18 | $0.18 | quarterly | 2015-04-03 |
2014-12-17 | $0.18 | quarterly | 2015-01-05 |
2014-09-17 | $0.18 | quarterly | 2014-10-03 |
2014-06-18 | $0.15 | quarterly | 2014-07-03 |
2014-03-19 | $0.15 | quarterly | 2014-04-04 |
2013-12-18 | $0.15 | quarterly | 2014-01-03 |
2013-09-18 | $0.15 | quarterly | 2013-10-03 |
2013-06-19 | $0.15 | quarterly | 2013-07-05 |
2013-03-20 | $0.15 | quarterly | 2013-04-05 |
Flexsteel Industries Dividend per year
Flexsteel Industries Dividend growth
Flexsteel Industries Dividend Yield
Flexsteel Industries current trailing twelve-month (TTM) dividend yield is 1.03%. Interested in purchasing Flexsteel Industries stock? Use our calculator to estimate your expected dividend yield:
Flexsteel Industries Financial Ratios
Flexsteel Industries Dividend FAQ
Other factors to consider when evaluating Flexsteel Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Flexsteel Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Flexsteel Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Flexsteel Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Flexsteel Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Flexsteel Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Flexsteel Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Flexsteel Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Flexsteel Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Flexsteel Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.