EXTON, PA — Omega Flex, Inc. (NASDAQ: OFLX) announced that the Board of Directors recently declared a regular quarterly dividend of $0.33 per share payable on July 7, 2023, to shareholders of record on June 26, 2023.
In determining the amount of future regular quarterly dividends, the company stated that its Board will review the cash needs of the Company, 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, determine on a quarterly basis the amount of a regular quarterly dividend.
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