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Flexsteel hikes dividend 10%, from 20¢ to 22¢

DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ: FLXS) … The Board of Directors of Flexsteel Industries, Inc. approved a 10% increase in the Company’s quarterly dividend by declaring $0.22 per share, payable October 6, 2017 to shareholders of record as of September 22, 2017. This is the sixth increase since March 2009 when the dividend was $0.05 per share, an 18% compound annual growth rate. The Board of Directors emphasized their commitment to increase shareholder value through dividends based upon sustainable earnings per share.
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