Flexible Solutions International, Inc. (NYSE:FSI) Raises Dividend to $0.10 Per Share

Flexible Solutions International, Inc. (NYSE:FSI) announced a — dividend on Tuesday, April 23rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 30th will be paid a dividend of 0.10 per share on Thursday, May 16th. The ex-dividend date is Monday, April 29th. This is a positive change from Flexible Solutions International’s previous — dividend of $0.05.

Flexible Solutions International Trading Down 3.1 %

FSI stock opened at $2.19 on Friday. Flexible Solutions International has a 12 month low of $1.36 and a 12 month high of $3.10. The firm’s 50-day moving average is $2.00 and its 200 day moving average is $1.89. The company has a market capitalization of $27.27 million, a PE ratio of 9.95 and a beta of 1.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.01 and a quick ratio of 1.90.

Flexible Solutions International (NYSE:FSI) last issued its earnings results on Monday, April 1st. The company reported $0.14 EPS for the quarter. Flexible Solutions International had a net margin of 7.24% and a return on equity of 7.51%. The business had revenue of $9.43 million for the quarter. On average, research analysts anticipate that Flexible Solutions International will post 0.3 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Flexible Solutions International in a report on Saturday, April 20th. They issued a “hold” rating for the company.

About Flexible Solutions International

Flexible Solutions International, Inc, together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers.