|Bid||125.12 x 800|
|Ask||129.39 x 1000|
|Day's range||123.55 - 131.91|
|52-week range||50.38 - 144.32|
|Beta (5Y monthly)||0.83|
|PE ratio (TTM)||75.85|
|Earnings date||15 Oct 2020 - 19 Oct 2020|
|Forward dividend & yield||1.12 (0.85%)|
|Ex-dividend date||02 Jul 2020|
|1y target est||N/A|
Omega Flex, Inc. (the “Company”) (OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payable on July 13, 2020 to shareholders of record on July 6, 2020. 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. This news release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict, and may be beyond the ability of our control.
Omega Flex, Inc. (OFLX) (the “Company”) will host a virtual annual meeting of shareholders at 1:00 p.m. EDT, Wednesday, June 3, 2020. The Company’s board of directors considered public health concerns resulting from COVID-19, and protocols issued by federal, state and local governments, in its decision to host a virtual meeting rather than offering an option to attend in-person. As described in the proxy materials for the Annual Meeting previously distributed, shareholders are entitled to participate in the Annual Meeting if they were a either a “registered shareholder” at the close of business on April 6, 2020, the record date, or if they hold a legal proxy for the meeting provided by their bank, broker, or nominee (“beneficial owner”).
EXTON, Pa., April 16, 2020 -- Omega Flex today reported its results of operations for the First Quarter, 2020: OMEGA FLEX, INC. (OFLX) Three Months Ended March.