Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2024
December 05 2024 - 4:45PM
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 January 7, 2025,
to shareholders of record on December 19, 2024. 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 |
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