Omega Flex announces a quarterly dividend of $0.34 per share, payable October 8, 2025, to recorded shareholders.
Quiver AI Summary
Omega Flex, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.34 per share, payable on October 8, 2025, to shareholders recorded as of September 25, 2025. The Board will assess future dividend amounts on a quarterly basis, taking into account the company's cash needs, operational results, financial condition, and capital plans, among other factors. Additionally, the press release includes forward-looking statements that involve various uncertainties and risks, advising readers not to overly rely on them as they represent the company’s expectations at the time of the release.
Potential Positives
- The declaration of a quarterly dividend of $0.34 per share reflects the company's commitment to returning value to its shareholders.
- Paying dividends indicates financial stability and profitability as the company is able to distribute cash to its shareholders.
- The Board's ongoing review of cash needs and potential for future dividends suggests a proactive approach to financial management and shareholder value optimization.
Potential Negatives
- Future dividends are contingent upon various uncertain factors, indicating potential instability in the Company's financial outlook.
- The inclusion of forward-looking statements introduces a level of uncertainty that may cause concern among investors regarding the Company's future performance.
- There is no mention of increased dividends or growth prospects, which may signal stagnation or lack of confidence in future profitability.
FAQ
When will the next dividend be paid by Omega Flex?
The next dividend will be paid on October 8, 2025.
What is the amount of Omega Flex's quarterly dividend?
The Board of Directors declared a quarterly dividend of $0.34 per share.
Who is eligible for the dividend payment from Omega Flex?
Shareholders of record on September 25, 2025, will be eligible for the dividend payment.
How does Omega Flex determine future dividends?
The Board reviews cash needs, operations, financial condition, and other relevant factors quarterly.
What should investors know about forward-looking statements?
Forward-looking statements involve uncertainties and should not be relied upon for future predictions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$OFLX Insider Trading Activity
$OFLX insiders have traded $OFLX stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $OFLX stock by insiders over the last 6 months:
- KEVIN R HOBEN (Executive Chairman) sold 972 shares for an estimated $30,666
- EDWIN B. MORAN (President) purchased 500 shares for an estimated $14,860
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$OFLX Hedge Fund Activity
We have seen 57 institutional investors add shares of $OFLX stock to their portfolio, and 56 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 103,158 shares (-10.3%) from their portfolio in Q2 2025, for an estimated $3,340,256
- AMERIPRISE FINANCIAL INC added 47,582 shares (+47.1%) to their portfolio in Q2 2025, for an estimated $1,540,705
- NEUBERGER BERMAN GROUP LLC removed 32,754 shares (-70.9%) from their portfolio in Q2 2025, for an estimated $1,060,574
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- TOWNSQUARE CAPITAL LLC removed 26,264 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $850,428
- AQR CAPITAL MANAGEMENT LLC added 24,381 shares (+inf%) to their portfolio in Q2 2025, for an estimated $789,456
- CITADEL ADVISORS LLC removed 21,533 shares (-58.1%) from their portfolio in Q2 2025, for an estimated $697,238
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Full Release
EXTON, Pa., Sept. 12, 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 October 8, 2025, to shareholders of record on September 25, 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
