Omega Flex (OFLX) Declares $0.22 Quarterly Dividend; 1.4% Yield
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Omega Flex, Inc. Announces Quarterly Dividend
June 9, 2017 4:20 PM EDTMIDDLETOWN, Conn., June 09, 2017 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the Company) (Nasdaq: OFLX) today announced that the Board of Directors declared a regular dividend of $0.22 per share payable on July 3, 2017 to shareholders of record on June 20, 2017.  In declaring this regular dividend, the Board has revised its dividend policy to establish a record of paying regular quarterly dividends. In determining the amount of a regular quarterly dividend, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and... More
