Omega Flex (OFLX) Declares $0.85 Special Dividend; 2.1% Yield
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Omega Flex, Inc. Announces a Special Dividend Issued
December 10, 2015 5:00 PM ESTMIDDLETOWN, Conn., Dec. 10, 2015 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the Company) (Nasdaq: OFLX) today announced that the Board of Directors declared a special dividend of $0.85 per share payable on January 6, 2016 to shareholders of record on December 21, 2015.  In declaring this special dividend, the Board has restated its dividend policy of reviewing the cash needs of the Company from time to time, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly... More
