Flexsteel Industries, Inc.

NasdaqGS:FLXS Stock Report

Market Cap: US$183.1m

Flexsteel Industries Dividend

Dividend criteria checks 3/6

Flexsteel Industries is a dividend paying company with a current yield of 1.68% that is well covered by earnings. Next payment date is on 4th April, 2024 with an ex-dividend date of 25th March, 2024.

Key information

1.7%

Dividend yield

20%

Payout ratio

Industry average yield1.5%
Next dividend pay date04 Apr 24
Ex dividend date25 Mar 24
Dividend per sharen/a
Earnings per shareUS$3.00
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Flexsteel Industries: Navigating A Recovering Furniture Market

Mar 25

Flexsteel Is Going In The Right Direction But Is Too Expensive

Feb 25

Flexsteel Industries: A Window Of Opportunity

Jan 20

Flexsteel declares $0.15 dividend

Sep 13

Flexsteel Non-GAAP EPS of $0.41 misses by $0.02, revenue of $124.52M beats by $5.1M

Aug 22

Flexsteel Industries (NASDAQ:FLXS) Use Of Debt Could Be Considered Risky

Jul 05
Flexsteel Industries (NASDAQ:FLXS) Use Of Debt Could Be Considered Risky

Flexsteel: Strong Quarter, +22% EPS On +18% Revenue, Estimates Beat, 14% Buyback During Quarter

Apr 27

Flexsteel: +19% Sales But Weak Quarter, 7x P/E And 56% Upside

Jan 26

Here's Why Flexsteel Industries (NASDAQ:FLXS) Has A Meaningful Debt Burden

Oct 28
Here's Why Flexsteel Industries (NASDAQ:FLXS) Has A Meaningful Debt Burden

Flexsteel: +24% EPS Growth, 8x P/E, And 45% Upside

Oct 26

Flexsteel: Record EPS And Retail Backlog Equal 44% Upside

Aug 25

Stability 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 not increased over the past 10 years.


Dividend Yield vs Market

Flexsteel Industries Dividend Yield vs Market
How does FLXS dividend yield compare to the market?
SegmentDividend Yield
Company (FLXS)1.7%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Consumer Durables)1.5%
Analyst forecast in 3 Years (FLXS)n/a

Notable Dividend: FLXS's dividend (1.68%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: FLXS's dividend (1.68%) is low compared to the top 25% of dividend payers in the US market (4.66%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.1%), FLXS's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (31.4%), FLXS's dividend payments are well covered by cash flows.


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