Omega Flex (OFLX) Declares $0.85 Special Dividend; 1.7% Yield
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Omega Flex, Inc. Announces Special Dividend
December 14, 2016 4:33 PM ESTMIDDLETOWN, Conn., Dec. 14, 2016 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (Nasdaq: OFLX) (the Company) today announced that the Board of Directors declared a special dividend of $0.85 per share payable on January 6, 2017 to shareholders of record on December 26, 2016.  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,... More
