The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Thu Jun 23, 2016
Flexsteel Industries, Inc. will begin trading ex-dividend on June 22. A cash dividend payment of $0.18 per share is scheduled to be paid on July 7. Shareholders who purchased FLXS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the eighth quarter that FLXS has paid the same dividend. At the current stock price of $41.47, the dividend yield is 1.74 percent.
Flexsteel manufactures bucket seats, sofas, sleepers, chairs, recliners and dinette seating for motorhomes, travel trailers and fifth wheels, as well as several other industries.
The previous trading day's last sale of FLXS was $41.47, representing a -14.79 percent decrease from the 52-week high of $48.67 and a 52.18 percent increase over the 52-week low of $27.25.