SmarterDividends
FLXS

Flexsteel Industries, Inc.

FLXS

Consumer Cyclical · Stock · quarterly payer

Forward Yield

1.37%

Annual Dividend

$0.80

Payout Ratio

15%

5-Yr Growth

21.7%

Ex-Date

Mar 30, 2026

Frequency

Quarterly

FLXS Dividend Safety Score

72/ 100
Grade B

Safe

Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage15% of earnings paid out
Free-cash-flow coverage15% of free cash flow
Balance-sheet strengthDebt/equity of 0.29
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is FLXS a good dividend stock?

Yes, with caveats

Flexsteel Industries, Inc. (FLXS) pays a quarterly dividend yielding 1.37% ($0.80/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (15%)
  • Strong 21.7% 5-yr dividend growth
  • 45% total price return over 5 years

Risks

  • Cut its dividend in 2020

Key Data

Dividend Yield
1.37%
Payout Ratio
15%
Annual Dividend
$0.80
5-Yr Avg Growth
21.7%
Ex-Dividend Date
Mar 30, 2026
Years of Growth
5
Frequency
quarterly
Beta
0.61
Market Cap
$237.8M
P/E Ratio
10.6
5-Yr Total Return
45%
52-Week Range
$29.39 – $60.97
Dividend Safety
B · 72/100
Ever Cut?
Yes (2020)
FLXS ex-dividend date & scheduleNext ex-date Mar 30, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.80 / yr per share

Per payment (quarterly)$20.00
Annual$80.00
Monthly avg$6.67