Well, it is about time that FLXS gets some respect from investors. They have been operating profitably and paying dividends for decades in a tough industry and yet they have been able to maintain a conservative balance sheet and pay off all their debt. Even at the current stock price, it sells below book value. I am wondering if they are about to restore the dividend. I hope so.
FLXS increased its dividend today by 50% today to $.075. That takes it back toward what it used to pay which was $.13. If current operations continue as they have of late, I would expect another increase next year.