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EXTON, Pa. - Omega Flex, Inc. (NASDAQ:OFLX) announced Friday that its Board of Directors has declared a regular quarterly dividend of $0.34 per share, representing a 3.96% yield. The dividend will be payable on October 8, 2025, to shareholders of record as of September 25, 2025. According to InvestingPro data, the company has maintained dividend payments for 14 consecutive years, with increases in the past 4 years.
The company stated that future quarterly dividend determinations will be based on a review of several factors, including cash needs, operational results, financial condition, capital expenditure plans, and potential acquisitions. The company’s strong financial position is evidenced by its impressive 61% gross profit margin and healthy balance sheet, with more cash than debt. Get deeper insights into OFLX’s dividend sustainability and growth potential with InvestingPro’s comprehensive financial analysis tools.
Omega Flex manufactures flexible metal hose products. The announcement was made in a press release statement issued by the company. Based on InvestingPro’s Fair Value analysis, the stock currently appears to be undervalued.
In other recent news, Omega Flex, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $0.34 per share. This dividend will be payable on July 10, 2025, to shareholders who are on record as of June 30, 2025. The declaration of this dividend reflects Omega Flex’s ongoing commitment to returning value to its shareholders. This announcement is part of the company’s recent developments, highlighting its financial decisions. The regularity of the dividend payout may interest investors looking for consistent returns. Omega Flex’s decision aligns with its historical practice of providing dividends to its shareholders. Further updates from the company or analysts regarding financial performance or strategic decisions are awaited.
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