Omega Flex, Inc. (OFLX) To Go Ex-Dividend on December 19th

Omega Flex, Inc. (NASDAQ:OFLXGet Free Report) announced a quarterly dividend on Thursday, December 5th,Wall Street Journal reports. Stockholders of record on Thursday, December 19th will be given a dividend of 0.34 per share by the industrial products company on Tuesday, January 7th. This represents a $1.36 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Thursday, December 19th.

Omega Flex has increased its dividend by an average of 5.4% per year over the last three years and has increased its dividend every year for the last 7 years.

Omega Flex Trading Down 0.1 %

NASDAQ:OFLX opened at $45.22 on Tuesday. Omega Flex has a one year low of $43.86 and a one year high of $85.92. The stock has a 50-day simple moving average of $49.90 and a 200 day simple moving average of $50.56.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Omega Flex from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th.

Check Out Our Latest Analysis on Omega Flex

Omega Flex Company Profile

(Get Free Report)

Omega Flex, Inc, together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities.

See Also

Dividend History for Omega Flex (NASDAQ:OFLX)

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