dividend
confidence high
sentiment positive
materiality 0.55
Omega Flex declares $0.32 quarterly dividend, an increase from prior rate
Omega Flex, Inc.
- Regular quarterly dividend of $0.32 per share, payable July 5, 2022 to holders of record June 24, 2022.
- Chairman Kevin Hoben stated the increase reflects sustained growth and confidence in the company's ability to weather economic challenges.
- Future quarterly dividends will be reviewed by the Board based on cash needs, operations, financial condition, and capital plans.