Flexsteel Industries (Flexsteel Industries) Dividend Payout Ratio : 0.26 (As of Dec. 2023)

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What is Flexsteel Industries Dividend Payout Ratio?

Flexsteel Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.26.

The historical rank and industry rank for Flexsteel Industries's Dividend Payout Ratio or its related term are showing as below:

FLXS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.26 Max: 3.02
Current: 0.44

During the past 13 years, the highest Dividend Payout Ratio of Flexsteel Industries was 3.02. The lowest was 0.16. And the median was 0.26.

FLXS's Dividend Payout Ratio is ranked better than
51.38% of 218 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.445 vs FLXS: 0.44

As of today (2024-04-27), the Dividend Yield % of Flexsteel Industries is 1.60%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Flexsteel Industries was 10.45%. The lowest was 0.72%. And the median was 2.17%.

Flexsteel Industries's Dividends per Share for the months ended in Dec. 2023 was $0.15.

During the past 3 years, the average Dividends Per Share Growth Rate was -5.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Flexsteel Industries was 44.20% per year. The lowest was -27.30% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Flexsteel Industries Dividend Payout Ratio Historical Data

The historical data trend for Flexsteel Industries's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Flexsteel Industries Dividend Payout Ratio Chart

Flexsteel Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.16

3.02

0.69

Flexsteel Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.53	0.54	0.42	1.07	0.26

Competitive Comparison of Flexsteel Industries's Dividend Payout Ratio

For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Flexsteel Industries's Dividend Payout Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Flexsteel Industries's Dividend Payout Ratio falls into.

Flexsteel Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Flexsteel Industries's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.6	/	0.87
	=	0.69

Flexsteel Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.15	/	0.57
	=	0.26

Flexsteel Industries (NAS:FLXS) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Flexsteel Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Flexsteel Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Flexsteel Industries (Flexsteel Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Flexsteel Industries Inc (NAS:FLXS) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

385 Bell Street, Dubuque, IA, USA, 52001-0877

Website

https://www.flexsteel.com

Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. The products offering include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential and contract markets, of which key revenue is derived from the residential market.

Executives

Timothy Patrick Newlin	officer: VP - Home Furnishings	P.O. BOX 877, DUBUQUE IA 52004-0877
Derek P Schmidt	officer: CFO & COO	385 BELL STREET, DUBUQUE IA 52001
Jeanne Mcgovern	director	10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Gilbert Alejandro Huerta	officer: CFO	P.O. BOX 877, DUBUQUE IA 52004
Thomas M Levine	director	P. O. BOX 877, DUBUQUE IA 52004
Kathryn P Dickson	director	1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416
Michael Scott Culbreth	director	3102 SHAWNEE DRIVE, WINCHESTER VA 22601
William S. Creekmuir	director	SIX CONCOURSE PARKWAY, SUITE 3300-A, ATLANTA GA 30328
Matthew Kaness	director	P.O. BOX 877, DUBUQUE IA 52004
Michael Joseph Mcclaflin	officer: Chief Information Officer	P.O. BOX 877, DUBUQUE IA 52004-0877
Jerald K Dittmer	officer: President & CEO	P.O. BOX 877, DUBUQUE IA 52004
Mary C Bottie	director	P. O. BOX 877, DUBUQUE IA 52004
Terrence Heath Willis	officer: VP - Direct Commerce	P.O. BOX 877, DUBUQUE IA 52004-0877
Hayden Carl Anthony Jr.	officer: VP - Manufacturing	P.O. BOX 877, DUBUQUE IA 52004-0877
Marcus D Hamilton	officer: Chief Financial Officer	P. O. BOX 877, DUBUQUE IA 52004