Flexsteel Industries, Inc.
FLXSConsumer Cyclical · Furnishings, Fixtures & Appliances · Stock · quarterly payer
Forward Yield
1.19%
Annual Dividend
$1.00
Payout Ratio
14%
5-Yr Growth
23.6%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about FLXS's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Flexsteel Industries, Inc. (FLXS) has a forward dividend yield of 1.19%, based on an annual dividend of $1.00 per share and a share price of $84.01.
- As of Oct 18, 2026, FLXS's dividend safety grade from SmarterDividends is B (74 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Flexsteel Industries, Inc. (FLXS) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
- FLXS last cut its regular dividend in 2020.
- FLXS's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.25 per share.
- As of Oct 18, 2026, FLXS pays out 14% of its trailing 12-month earnings as dividends (its payout ratio).
- FLXS's dividend has grown at an average rate of 23.6% a year over the past five years.
- As of Oct 18, 2026, FLXS's 1.19% yield is 49% below its five-year average yield of 2.32%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for FLXS is $160.69 per share, 91% above the $84.01 share price, so FLXS screens as undervalued.
- Flexsteel Industries, Inc. (FLXS) pays its dividend quarterly, 4 times a year.
- Flexsteel Industries, Inc. (FLXS) has raised its regular dividend 13 times and cut it 2 times across the 160 payments on record since 1986. Its most recent change was a 25.0% increase to $0.250 per share, going ex-dividend on Jun 24, 2026. The last cut went ex-dividend on Jun 18, 2020.
Cite this page
SmarterDividends, "FLXS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/FLXS
Summary
As of Oct 18, 2026, Flexsteel Industries, Inc. (FLXS) yields 1.19% ($1.00 a year per share), has a dividend safety grade of B (74/100) and has 2 consecutive years of dividend increases on record.
Is FLXS a good dividend stock?
Yes, with caveatsFlexsteel Industries, Inc. (FLXS) pays a quarterly dividend yielding 1.19% ($1.00/yr), with 2 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 (14%)
- Strong 23.6% 5-yr dividend growth
- 196% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 1.19%
- Payout Ratio
- 14%
- Annual Dividend
- $1.00
- 5-Yr Avg Growth
- 23.6%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.53
- Market Cap
- $343.7M
- P/E Ratio
- 13.8
- 5-Yr Total Return
- 196%
- 52-Week Range
- $34.00 – $90.65
- Dividend Safety
- B · 74/100
- Ever Cut?
- Yes (2020)
FLXS dividend raises and cuts
Flexsteel Industries, Inc. (FLXS) has raised its regular dividend 13 times and cut it 2 times across the 160 payments on record since 1986. Its most recent change was a 25.0% increase to $0.250 per share, going ex-dividend on Jun 24, 2026. The last cut went ex-dividend on Jun 18, 2020.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 24, 2026 | Raise | $0.200 → $0.250 | +25.0% |
| Jun 25, 2025 | Raise | $0.170 → $0.200 | +17.6% |
| Sep 25, 2024 | Raise | $0.150 → $0.170 | +13.3% |
| Mar 16, 2021 | Raise | $0.100 → $0.150 | +50.0% |
| Dec 22, 2020 | Raise | $0.0500 → $0.100 | +100.0% |
| Jun 18, 2020 | Cut | $0.220 → $0.0500 | −77.3% |
| Sep 21, 2017 | Raise | $0.200 → $0.220 | +10.0% |
| Sep 21, 2016 | Raise | $0.180 → $0.200 | +11.1% |
| Sep 17, 2014 | Raise | $0.150 → $0.180 | +20.0% |
| Jun 13, 2012 | Raise | $0.100 → $0.150 | +50.0% |
| Sep 20, 2011 | Raise | $0.0750 → $0.100 | +33.3% |
| Sep 16, 2010 | Raise | $0.0500 → $0.0750 | +50.0% |
Show all 15 changes since 1987
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 18, 2009 | Cut | $0.130 → $0.0500 | −61.5% |
| Sep 17, 1999 | Raise | $0.120 → $0.130 | +8.3% |
| Dec 17, 1987 | Raise | $0.0800 → $0.120 | +50.0% |
Frequently Asked Questions
Is FLXS a good dividend stock?
Yes, with caveats. Flexsteel Industries, Inc. (FLXS) pays a quarterly dividend yielding 1.19% ($1.00/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is FLXS undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FLXS's fair value is about $160.69 versus a $84.01 share price — so it looks undervalued (+91% vs. fair value).
Is FLXS's dividend safe?
FLXS has a dividend-safety grade of B (74/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2020, debt and yield-versus-history.
What is FLXS's fair value?
Our blended fair-value estimate for FLXS is about $160.69 per share, roughly 91% above the current $84.01 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is FLXS a buy, hold, or sell?
We don't issue formal ratings, but on the data FLXS screens as "yes, with caveats" and undervalued. Flexsteel Industries, Inc. (FLXS) pays a quarterly dividend yielding 1.19% ($1.00/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will FLXS cut its dividend?
FLXS earns a dividend-safety grade of B (74/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does FLXS pay a dividend?
Yes. Flexsteel Industries, Inc. pays a quarterly dividend of about $1.00 per share annually, a forward yield of roughly 1.19%.
What is FLXS's dividend yield?
As of Oct 18, 2026, FLXS's forward dividend yield is 1.19%, based on a $1.00 annual dividend and a $84.01 share price.
What is FLXS's dividend per share?
As of Oct 18, 2026, FLXS pays $1.00 per share per year, distributed on a quarterly basis.
What is FLXS's dividend payout ratio?
As of Oct 18, 2026, FLXS's payout ratio is 14% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has FLXS grown its dividend?
As of Oct 18, 2026, FLXS has increased its dividend for 2 consecutive years.
When is the next FLXS ex-dividend date?
As of Oct 18, 2026, FLXS's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.25 per share.
FLXS Price — Last 12 Months
Daily close
Price Return
1 Year
+113%
3 Years
+397%
5 Years
+196%
52-Week Range
$34.00 – $90.65
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FLXS worth?
Undervaluedlow confidenceOur blended fair-value estimate for Flexsteel Industries, Inc. is $160.69 per share, versus a market price of $84.01. That implies 91% of upside — a margin of safety of about 48%.
Fair Value
$160.69
Current Price
$84.01
Upside
+91%
Margin of Safety
48%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -7.2% annual free-cash-flow growth. We model 10.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 10.3% growth for five years fading to 2.5% over the next five, $6.07 EPS, $1.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FLXS Dividend Safety Score
Safe
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
Dividend History
Full FLXS dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 12, 2026 | $0.2500 | regular |
| Jun 24, 2026 | Jul 6, 2026 | $0.2500 | regular |
| Mar 30, 2026 | Apr 9, 2026 | $0.2000 | regular |
| Dec 29, 2025 | Jan 8, 2026 | $0.2000 | regular |
| Sep 24, 2025 | Oct 6, 2025 | $0.2000 | regular |
| Jun 25, 2025 | Jul 7, 2025 | $0.2000 | regular |
| Mar 26, 2025 | Apr 7, 2025 | $0.1700 | regular |
| Dec 27, 2024 | Jan 8, 2025 | $0.1700 | regular |
| Sep 25, 2024 | Oct 7, 2024 | $0.1700 | regular |
| Jun 26, 2024 | Jul 8, 2024 | $0.1500 | regular |
| Mar 25, 2024 | Apr 4, 2024 | $0.1500 | regular |
| Dec 27, 2023 | Jan 8, 2024 | $0.1500 | regular |
| Sep 26, 2023 | Oct 9, 2023 | $0.1500 | regular |
| Jun 27, 2023 | Jul 10, 2023 | $0.1500 | regular |
Income Calculator
At $1.00 / yr per share
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