Flexible Solutions International, Inc. (FSI) Announces Semiannual Dividend of $0.08

Flexible Solutions International, Inc. (NYSEAMERICAN:FSI) announced a semiannual dividend on Wednesday, March 13th, Wall Street Journal reports. Shareholders of record on Monday, September 30th will be given a dividend of 0.075 per share by the basic materials company on Tuesday, October 15th. This represents a yield of 6.55%. The ex-dividend date of this dividend is Friday, September 27th.

Flexible Solutions International has a dividend payout ratio of 107.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

FSI stock opened at $2.29 on Thursday. The company has a market capitalization of $23.09 million and a price-to-earnings ratio of 16.36. Flexible Solutions International has a 12 month low of $1.23 and a 12 month high of $2.49.

Several analysts have commented on the stock. Zacks Investment Research raised shares of Flexible Solutions International from a “hold” rating to a “buy” rating and set a $1.50 target price for the company in a research report on Friday, January 4th. Greenridge Global raised shares of Flexible Solutions International from a “sell” rating to a “buy” rating and set a $2.00 target price for the company in a research report on Tuesday, November 20th.

TRADEMARK VIOLATION NOTICE: “Flexible Solutions International, Inc. (FSI) Announces Semiannual Dividend of $0.08” was first posted by WKRB News and is owned by of WKRB News. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.wkrb13.com/2019/03/14/flexible-solutions-international-inc-fsi-announces-semiannual-dividend-of-0-08.html.

Flexible Solutions International Company Profile

Flexible Solutions International, Inc is an environmental technology company, which engages in the research, development, and manufacture of products that save water and energy. It operates through the Energy and Water Conservation Products; and Biodegradable Polymers business segments. The Energy and Water Conservation Products segment consists of liquid swimming pool blanket which saves energy and water by inhibiting evaporation from the pool surface, and food-safe powdered form of the active ingredient within the liquid blanket.

Further Reading: Why are percentage decliners important?

Receive News & Ratings for Flexible Solutions International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flexible Solutions International and related companies with MarketBeat.com's FREE daily email newsletter.