Flexsteel Industries, Inc.
FLXSConsumer Cyclical · Stock · quarterly payer
Forward Yield
1.14%
Annual Dividend
$0.85
Payout Ratio
15%
5-Yr Growth
23.6%
Ex-Date
Jun 24, 2026
Frequency
Quarterly
Summary
As of July 2026, Flexsteel Industries, Inc. (FLXS) yields 1.14% ($0.85 per share annually), with a blended fair-value estimate of $142.78 — +96% upside, so it screens as undervalued. Dividend safety grade: B (72/100). 2 years of dividend growth.
Is FLXS a good dividend stock?
Yes, with caveatsFlexsteel Industries, Inc. (FLXS) pays a quarterly dividend yielding 1.14% ($0.85/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (15%)
- Strong 23.6% 5-yr dividend growth
- 111% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 1.14%
- Payout Ratio
- 15%
- Annual Dividend
- $0.85
- 5-Yr Avg Growth
- 23.6%
- Ex-Dividend Date
- Jun 24, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.61
- Market Cap
- $303.6M
- P/E Ratio
- 13.6
- 5-Yr Total Return
- 111%
- 52-Week Range
- $32.65 – $74.90
- Dividend Safety
- B · 72/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
FLXS Price — Last 12 Months
Daily close
Price Return
1 Year
+114%
3 Years
+273%
5 Years
+111%
52-Week Range
$32.65 – $74.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FLXS worth?
Undervaluedlow confidenceOur blended fair-value estimate for Flexsteel Industries, Inc. is $142.78 per share, versus a market price of $72.91. That implies 96% of upside — a margin of safety of about 49%.
Fair Value
$142.78
Current Price
$72.91
Upside
+96%
Margin of Safety
49%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 6.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.3% discount rate (CAPM), 6.3% stage-1 growth, 2.5% terminal growth, $5.48 EPS, $0.85 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FLXS Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 24, 2026 | — | $0.2500 | regular |
| Mar 30, 2026 | — | $0.2000 | regular |
| Dec 29, 2025 | — | $0.2000 | regular |
| Sep 24, 2025 | — | $0.2000 | regular |
| Jun 25, 2025 | — | $0.2000 | regular |
| Mar 26, 2025 | — | $0.1700 | regular |
| Dec 27, 2024 | — | $0.1700 | regular |
| Sep 25, 2024 | — | $0.1700 | regular |
| Jun 26, 2024 | — | $0.1500 | regular |
| Mar 25, 2024 | — | $0.1500 | regular |
| Dec 27, 2023 | — | $0.1500 | regular |
| Sep 26, 2023 | — | $0.1500 | regular |
| Jun 27, 2023 | — | $0.1500 | regular |
| Mar 21, 2023 | — | $0.1500 | regular |
Income Calculator
At $0.85 / yr per share
