Flexsteel Industries stock dividend – Flexsteel Industries Declares 0.15 Cash Dividend.
March 9, 2023
Dividends Yield
FLEXSTEEL ($NASDAQ:FLXS): CKM Applied Materials Corp. recently declared a 1.0 cash dividend on March 8th 2023. This is an ideal option for investors looking to diversify their portfolios with dividend stocks, as CKM APPLIED MATERIALS have issued annual dividends per share at 0.8, 0.5, and 0.61 TWD over the past three years, yielding 5.23%, 3.56%, and 5.08% in 2020, 2021, and 2022 respectively, with an average yield of 4.62%. In addition, the ex-dividend date is set at March 30th 2023, giving potential investors ample opportunity to take advantage of this investment opportunity.
Stock Price
On Wednesday, CKM Applied Materials Corp. declared a 1.0 cash dividend for its stockholders. The stock opened at NT$18.2 and closed at NT$18.2, which represented a 0.8% decrease from the previous closing price of NT$18.4. This is part of CKM Applied Materials Corp.’s commitment to providing value to its investors and shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Flexsteel Industries. More…
| Total Revenues | Net Income | Net Margin |
| 453.75 | 8.19 | 1.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Flexsteel Industries. More…
| Operations | Investing | Financing |
| 73.63 | -4.49 | -71.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Flexsteel Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 262 | 129.91 | 25.4 |
Key Ratios Snapshot
Some of the financial key ratios for Flexsteel Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.0% | 3.1% | 3.0% |
| FCF Margin | ROE | ROA |
| 15.2% | 6.5% | 3.2% |
Analysis
At GoodWhale, we conducted an analysis on the fundamentals of CKM APPLIED MATERIALS. Our Star Chart shows that the company is strong in asset and dividend and medium in growth and profitability. With a high health score of 7/10, it suggests that CKM APPLIED MATERIALS is capable of safely riding out any crisis without the risk of bankruptcy. We classified CKM APPLIED MATERIALS as ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. This company may be an attractive investment option for investors who prioritize revenue or earnings growth. Such investors may be willing to take on the additional risk associated with companies classified as ‘cheetah’, in order to potentially capture higher returns. More…
Summary
CKM APPLIED MATERIALS is a good choice for dividend stocks investors. Over the past three years, the company has delivered respectable dividend yields of 5.23%, 3.56%, and 5.08% in 2020, 2021, and 2022, respectively. Its average yield of 4.62% is quite attractive and investors can expect a steady dividend income from this company.
Furthermore, the company’s annual dividends per share have been stable at 0.8, 0.5, and 0.61 TWD over the past three years. Thus, investors can anticipate reliable dividend payments from CKM APPLIED MATERIALS.
Dividends Yield
On March 8 2023, Citizens Holding Co Pays Out 0.24 Cash Dividend, making it the fourth consecutive year that the company has issued a cash dividend. For the 2022 financial year, CITIZENS HOLDING has consistently issued an annual dividend per share of 0.96 USD, providing an average dividend yield of 5.64%. This makes it one of the most attractive dividend stocks on the market, offering a consistent income stream with a relatively low risk of capital loss. If you are looking for a dividend stock to add to your portfolio, CITIZENS HOLDING is worth considering.
The stock has an ex-dividend date of March 16 2023, meaning that you must purchase the stock before this date in order to qualify for the upcoming dividend payout. With its steady dividend payouts and low risk of capital loss, CITIZENS HOLDING is one option worth considering for your portfolio.
Market Price
On Wednesday, Citizens Holding Co revealed that it paid out a cash dividend of 0.24 per share. This move was made to reward shareholders for their loyalty and to further strengthen the company’s financial position. As a result of the dividend payment, CITIZENS HOLDING stock opened at $15.6 and closed at the same price, a decrease of 2.4% from its prior closing price of 15.9. This dividend will benefit current shareholders, but may also attract new investors who are looking for a reliable long-term investment with a steady income stream. Live Quote…
Analysis
GoodWhale conducted an analysis on the fundamentals of CITIZENS HOLDING. According to the Star Chart, CITIZENS HOLDING is strong in dividend, medium in growth, asset, and weak in profitability. This indicates that CITIZENS HOLDING is classified as a ‘cheetah’ type of company, which means that it achieved high revenue or earnings growth but is considered less stable due to lower profitability. Such a company may be of interest to certain types of investors, such as those who are able to tolerate higher volatility in exchange for the potential upside of higher returns. It’s worth noting that CITIZENS HOLDING has a high health score of 9/10 with regard to its cashflows and debt, meaning that it is capable to sustain future operations in times of crisis. More…
Summary
CITIZENS HOLDING is a profitable investment option for those looking for a steady dividend yield. Over the past three years, the company has consistently paid a dividend of 0.96 USD per share, providing an average yield of 5.64%. For investors looking for reliable cash flow, CITIZENS HOLDING may be a good choice.
Analysts point to the company’s strong financials, low debt-to-equity ratio, and strong management team as reasons why it is a good investment. It is important to note, however, that this stock may not outperform the market, so investors should do their own research before committing to it.
Dividends Yield
Flexsteel Industries Inc. declared a 0.15 cash dividend on March 8 2023. This dividend payout is part of FLEXSTEEL INDUSTRIES’ consistent dividend policy over the last three years, with the company having paid out 0.6, 0.6, and 0.45 USD per share in 2021, 2022, and 2023 respectively. With a 3.41%, 2.3%, and 1.34% dividend yield in 2021, 2022 and 2023 respectively, a dividend yield of 2.35% is possible for investors looking for a reliable and dependable source of dividend income. The ex-dividend date for this dividend is March 21 2023.
Investors who are considering FLEXSTEEL INDUSTRIES for their dividend income may want to weigh their options carefully; the company has a solid dividend history, however, it may not be the best investment for everyone. Investors should take time to research the company and its products, financials, and management team before making a final decision. With the right information and thoughtful consideration, investors can make an informed decision that will benefit their portfolio in the long run.
Share Price
The stock opened at $19.9 and closed at the same amount, representing a 2.0% increase from its previous closing price of 19.5. This dividend is an acknowledgement of the company’s strong position in the furniture market and the confidence of investors in its future growth. It is hoped that the dividend will be beneficial for all investors as it will provide them with additional income and increase their long-term return on investment. Live Quote…
Analysis
GoodWhale provides detailed analysis of FLEXSTEEL INDUSTRIES‘s fundamentals to help investors make informed decisions. Our Risk Rating for FLEXSTEEL INDUSTRIES is medium, indicating that there are potential risks associated with investing in this company. By registering on GoodWhale.com, investors can gain access to our comprehensive analysis of FLEXSTEEL INDUSTRIES’s business and financial areas and identify any potential risks. With GoodWhale, investors can make the best decision for their investment portfolio. More…
Peers
Flexsteel Industries Inc is one of the leading furniture manufacturers in the world, and has been competing with other top industry players such as Hooker Furnishings Corp, Savimex Corp, and Shashwat Furnishing Solutions Ltd for market share and customer loyalty. These competitors are all vying for their share of the furniture market, providing customers with high-quality products, competitive prices, and innovative designs. Flexsteel Industries Inc has been able to stay ahead of the competition by consistently delivering quality products, offering value-added services, and capitalizing on new opportunities.
– Hooker Furnishings Corp ($NASDAQ:HOFT)
Hooker Furnishings Corp is a furniture manufacturer and retailer based in North Carolina. The company has a market capitalization of 202.73M as of 2022, reflecting the value of its outstanding common stock. The company’s Return on Equity (ROE) is 3.08%, which shows that it is making effective use of its shareholders’ equity in generating profits. Hooker Furnishings Corp produces a wide range of home furniture items, including bedroom furniture, dining room furniture, office furniture, and outdoor furniture. The company operates across the United States and Canada, with a network of retail stores, distributors, and e-commerce websites.
– Savimex Corp ($HOSE:SAV)
Shashwat Furnishing Solutions Ltd is a public limited company with a market capitalization of 80.39M as of 2022. The company specializes in providing innovative and high quality furnishing solutions for residential and commercial spaces. It offers a wide array of products such as curtains, upholstery, mattresses, cushions, rugs, and blinds, with an emphasis on quality, design, and affordability. The company’s market capitalization indicates that it has a considerable amount of financial strength and capital resources to fund its operations and expansion plans. With its strong presence in the Indian market and growing international presence, Shashwat Furnishing Solutions Ltd is well-positioned to capitalize on the growing demand for quality furnishing solutions.
Summary
FLEXSTEEL INDUSTRIES has been a reliable stock for dividend yields in the last three years. It has maintained a consistent payment of 0.6 USD per share in the first two years followed by a slight dip to 0.45 USD in the third year. With a moderate price-earnings ratio, it appears to be a reasonably priced stock in comparison to its peers. The company’s balance sheet is strong, with an acceptable amount of debt to equity.
Analysts have given it a buy rating, citing its steady income from dividend payments and its potential for growth. Investors of FLEXSTEEL INDUSTRIES should expect sustained returns over the long-term through its reliable dividend payments and potential capital gains.
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