Flexsteel Industries hikes dividend by 25%
The latest increase marks the third consecutive year of double-digit dividend growth for Flexsteel Industries. At a share price of $63.21, the dividend corresponds to a yield of approximately 1.6%. The ex-dividend date is June 24, 2026, with payment scheduled for July 6, 2026.
The latest increase of 25.0% follows dividend hikes of 17.6% in 2025 and 13.3% in 2024. Flexsteel announced no dividend increases in 2022 and 2023, while the chart also highlights the significant dividend reduction announced in 2020.
Flexsteel Industries manufactures and markets residential furniture products, including sofas, recliners, and seating solutions sold through retailers across North America. For more information, you can visit the website of Flexsteel Industries.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.