Flexsteel Industries Dividend
Dividend criteria checks 2/6
Flexsteel Industries is a dividend paying company with a current yield of 1.36% that is well covered by earnings.
Key information
1.4%
Dividend yield
29%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.600 |
| Earnings per share | €2.02 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FX3's dividend payments have been volatile in the past 10 years.
Growing Dividend: FX3's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Flexsteel Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FX3) | 1.4% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Consumer Durables) | 3.6% |
| Analyst forecast (FX3) (up to 3 years) | n/a |
Notable Dividend: FX3's dividend (1.36%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: FX3's dividend (1.36%) is low compared to the top 25% of dividend payers in the German market (4.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), FX3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.5%), FX3's dividend payments are thoroughly covered by cash flows.