Media coverage about Flexsteel Industries (NASDAQ:FLXS) has been trending somewhat negative this week, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Flexsteel Industries earned a media sentiment score of -0.01 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.4842596121929 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Flexsteel Industries (NASDAQ FLXS) opened at $48.40 on Tuesday. The stock has a market capitalization of $371.47, a P/E ratio of 15.58 and a beta of 2.03. Flexsteel Industries has a 52 week low of $43.25 and a 52 week high of $62.99.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th will be given a $0.22 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.88 annualized dividend and a yield of 1.82%. Flexsteel Industries’s payout ratio is currently 27.67%.
About Flexsteel Industries
Flexsteel Industries, Inc is a manufacturer, importer, marketer and distributor of residential and commercial upholstered and wood furniture products in the United States. The Company offers its products for contract under categories, such as hospitality, healthcare, senior living, government and commercial office.
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