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 yield | 1.5% |
Next dividend pay date | 04 Apr 24 |
Ex dividend date | 25 Mar 24 |
Dividend per share | n/a |
Earnings per share | US$3.00 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Flexsteel 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 22Flexsteel Industries (NASDAQ:FLXS) Use Of Debt Could Be Considered Risky
Jul 05Flexsteel: Strong Quarter, +22% EPS On +18% Revenue, Estimates Beat, 14% Buyback During Quarter
Apr 27Flexsteel: +19% Sales But Weak Quarter, 7x P/E And 56% Upside
Jan 26Here's Why Flexsteel Industries (NASDAQ:FLXS) Has A Meaningful Debt Burden
Oct 28Flexsteel: +24% EPS Growth, 8x P/E, And 45% Upside
Oct 26Flexsteel: Record EPS And Retail Backlog Equal 44% Upside
Aug 25Stability 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 |
---|
Segment | Dividend 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.