Flexsteel Industries Dividends and Buybacks
Dividend criteria checks 3/6
Flexsteel Industries is a dividend paying company with a current yield of 1.19% that is well covered by earnings. Next payment date is on 5th January, 2025 with an ex-dividend date of 27th December, 2024.
Key information
1.2%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.2% |
| Next dividend pay date | 05 Jan 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | US$0.680 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Investors Appear Satisfied With Flexsteel Industries, Inc.'s (NASDAQ:FLXS) Prospects As Shares Rocket 30%
Oct 28
Flexsteel Reached A Year Of Cyclical Recovery, And The Stock Reaches Peak Optimism
Oct 22Flexsteel Industries (NASDAQ:FLXS) Could Easily Take On More Debt
Sep 19Flexsteel's FY24 Was Great, But The Stock Is At Best Fairly Valued
Sep 03Why Investors Shouldn't Be Surprised By Flexsteel Industries, Inc.'s (NASDAQ:FLXS) P/E
Aug 25Flexsteel Industries: Recent Q3 Top-Line Growth Of 8%+ Will Be Difficult To Maintain
Jul 11Flexsteel Industries' Turnaround Has Been Demonstrated, But Undervaluation Remains
Jul 05Flexsteel Industries: Navigating A Recovering Furniture Market
Mar 25Flexsteel Is Going In The Right Direction But Is Too Expensive
Feb 25Flexsteel Industries: A Window Of Opportunity
Jan 20Flexsteel declares $0.15 dividend
Sep 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FLXS's dividend payments have been volatile in the past 10 years.
Growing Dividend: FLXS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Flexsteel Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FLXS) | 1.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Consumer Durables) | 1.5% |
| Analyst forecast (FLXS) (up to 3 years) | n/a |
Notable Dividend: FLXS's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: FLXS's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.1%), FLXS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11%), FLXS's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:21 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Flexsteel Industries, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anthony Lebiedzinski | Sidoti & Company, LLC |
| Jim Marrone | Singular Research |