Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2025

Rhea-AI Summary

Omega Flex (NASDAQ: OFLX) has declared a regular quarterly dividend of $0.34 per share for the second quarter of 2025. The dividend will be paid on July 10, 2025, to shareholders of record as of June 30, 2025. The company's Board of Directors determines the dividend amount quarterly based on various factors including cash needs, operational results, financial condition, capital expenditure plans, and potential acquisition considerations. This approach ensures the dividend reflects the company's current financial position and future strategic requirements.

Positive

• Regular quarterly dividend maintained at $0.34 per share
• Clear dividend payment schedule and record date established
• Board maintains structured approach to dividend determination based on company performance

Negative

• None.

EXTON, Pa., June 18, 2025 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on July 10, 2025, to shareholders of record on June 30, 2025.   In determining the amount of future regular quarterly dividends, the 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.

INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict and may be beyond the ability of Omega Flex to control. Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are not historical facts, but rather reflect Omega Flex’s current expectations concerning future results and events. The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance, or achievements of Omega Flex (or entities in which Omega Flex has interests) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s view only as of the date of this press release. Omega Flex undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances.

Contact: Dean W. Rivest
(610) 524-7272

FAQ

What is Omega Flex's (OFLX) dividend amount for Q2 2025?

Omega Flex's dividend for Q2 2025 is $0.34 per share

When will Omega Flex (OFLX) pay its Q2 2025 dividend?

The dividend will be paid on July 10, 2025, to shareholders of record as of June 30, 2025

How does Omega Flex determine its dividend amount?

The Board reviews the company's cash needs, operational results, financial condition, capital expenditure plans, and potential acquisitions to determine the quarterly dividend amount

What is the record date for Omega Flex's Q2 2025 dividend?

The record date for Omega Flex's Q2 2025 dividend is June 30, 2025