Flexsteel Increases Dividend to $0.15 from $0.10

Flexsteel Industries, Inc. FLXS … The Board of Directors of Flexsteel Industries, Inc. approved a 50% increase in the Company's quarterly dividend by declaring $0.15 per share dividend payable July 2, 2012 to shareholders of record as of June 15, 2012. This is the third increase since March 2009 when the dividend was $0.05 per share. The Board of Directors emphasized their commitment to improve shareholder value through increased dividends based upon sustainable earnings per share.