EXTON, PA — Omega Flex, Inc. (NASDAQ: OFLX) has announced a regular quarterly dividend of $0.34 per share, scheduled for payment on October 8, 2024, to shareholders of record as of September 26, 2024. This decision reflects the company’s robust financial position and commitment to returning value to its investors.
Founded in 1975 and headquartered in Exton, Pennsylvania, Omega Flex specializes in manufacturing flexible metal hoses and accessories, serving diverse sectors such as construction, transportation, and healthcare. The company’s product line includes well-known brands like TracPipe and CounterStrike, utilized in both residential and industrial applications.
Omega Flex’s strategic approach to dividend distribution involves careful consideration of its operational results, financial health, capital needs, and potential acquisitions. This systematic evaluation ensures that the company maintains a balanced approach to growth and shareholder returns.
As Omega Flex continues to solidify its market presence, this dividend declaration highlights its dedication to financial prudence and long-term shareholder value.
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