Flexsteel Industries, Inc. Announces Quarterly Dividend and Authorizes New Share Repurchase Program
Portfolio Pulse from
Flexsteel Industries, Inc. announced a quarterly dividend of $0.17 per share and a new share repurchase program. The dividend will be payable on January 8, 2025, to shareholders of record as of December 28, 2024. This marks the 332nd consecutive quarterly dividend. The new share repurchase program was approved on December 11, 2024.
December 11, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Flexsteel Industries declared a $0.17 quarterly dividend and authorized a new share repurchase program, indicating strong financial health and shareholder value focus.
The announcement of a consistent dividend and a new share repurchase program suggests that Flexsteel Industries is in a strong financial position, which is likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100