Flexsteel Industries Dividends and Buybacks
Dividend criteria checks 3/6
Flexsteel Industries is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| 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 13Flexsteel Non-GAAP EPS of $0.41 misses by $0.02, revenue of $124.52M beats by $5.1M
Aug 22Stability 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) | 1.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Consumer Durables) | 1.3% |
| Analyst forecast (FLXS) (up to 3 years) | n/a |
Notable Dividend: FLXS's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: FLXS's dividend (1.14%) is low compared to the top 25% of dividend payers in the US market (4.26%).
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.