Flexsteel Industries Increases Quarterly Dividend By 13% To $0.17/Share
Portfolio Pulse from Benzinga Newsdesk
Flexsteel Industries has announced a 13% increase in its quarterly dividend, raising it to $0.17 per share. This move reflects the company's strong financial position and commitment to returning value to shareholders.
September 10, 2024 | 8:11 pm
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Flexsteel Industries has increased its quarterly dividend by 13% to $0.17 per share, indicating a positive financial outlook and a commitment to shareholder returns.
The increase in dividend suggests that Flexsteel Industries is in a strong financial position and is committed to returning value to its shareholders. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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