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EXTON, Pa. - Omega Flex, Inc. (NASDAQ:OFLX), a manufacturer with a $329 million market cap and impressive 61% gross profit margin, announced Wednesday that its Board of Directors has declared a regular quarterly dividend of $0.34 per share, representing a 4.15% yield.
The dividend will be payable on July 10, 2025, to shareholders of record as of June 30, 2025, according to a company press release.
The manufacturer noted that its board determines the amount of future quarterly dividends after reviewing the company’s cash needs, operational results, financial condition, and capital expenditure plans. The board also considers possible acquisitions and other relevant factors when setting dividend amounts.
Omega Flex, headquartered in Exton, Pennsylvania, produces flexible metal hose products and is traded on the Nasdaq stock exchange.
The quarterly dividend announcement represents a routine distribution to shareholders and follows the company’s established dividend policy.
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 is scheduled for payment on April 22, 2025, to shareholders who are recorded as of April 10, 2025. The company emphasized that future dividends will be evaluated based on several factors, including its cash requirements, operational outcomes, financial condition, and plans for capital expenditures and potential acquisitions. Omega Flex also mentioned that its forward-looking statements regarding future results and events are subject to uncertainties and cautioned against placing undue reliance on them. The company has indicated no obligation to update these statements to reflect subsequent events or conditions. This announcement provides shareholders and the market with essential information about the upcoming dividend payment and the company’s approach to determining future dividend amounts.
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