EXTON, PA — Omega Flex, Inc. (NASDAQ: OFLX) has announced that its Board of Directors declared a regular quarterly dividend of $0.34 per share. This dividend will be payable on January 7, 2025, to shareholders of record as of December 19, 2024.
The Board evaluates future dividend amounts on a quarterly basis, taking into account the Company’s operational results, financial position, and capital expenditure plans, along with potential acquisition opportunities. Other factors deemed relevant by the Board also play a role in determining the regular quarterly dividend.
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