Omega Flex, Inc. (NASDAQ: OFLX) announced that its Board of Directors declared a regular quarterly dividend of $0.34 per share, payable on April 21, 2026, to shareholders of record on April 9, 2026. The Board will continue to review future dividend amounts based on cash needs, operational results, financial condition, and capital plans.

Omega Flex, Inc. reported net sales of $98.3 million for 2025, down 3.3% from $101.7 million in 2024, with net income declining 17.7% to $14.8 million. The company attributed the decline to lower sales unit volumes due to suppressed market conditions and reduced housing starts, along with increased product development and certification expenses. Fourth quarter 2025 results were particularly weak, with net sales down 6.5% and net income down 27.1% year-over-year.

Omega Flex, Inc. declared a quarterly dividend of $0.34 per share, payable on January 7, 2026, to shareholders of record on December 19, 2025. The dividend amount will be determined quarterly based on the company's financial condition and strategic considerations.

Omega Flex, Inc. declared a regular quarterly dividend of $0.34 per share, payable on October 8, 2025, to shareholders of record on September 25, 2025.

Omega Flex reported Q2 2025 revenue of $25.5 million, a 3.7% increase from the previous year, but experienced a decline in net income and earnings per share due to lower sales unit volumes and challenges in residential construction.

Omega Flex, a leading producer of flexible metal hose and piping products, is facing challenges due to the slowdown in the housing market. The company's revenue and earnings per share have declined in recent years, leading to a steep drop in its stock price. Investors should consider the company's long-term potential and its dividend yield, but should also brace for more volatility if the housing market remains weak.

Omega Flex, Inc. announced that its 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. The company's future dividend payments will be determined based on its cash needs, financial condition, and other relevant factors.

Omega Flex, Inc. announced a regular quarterly dividend of $0.34 per share payable on October 8, 2024, to shareholders of record on September 26, 2024. The company's board will review the cash needs and other factors to determine the amount of future regular quarterly dividends.

EXTON, Pa., June 13, 2024 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on July 10, 2024, to shareholders of record on June 26, 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.

Discover why Zacks gives Omega Flex a 'Neutral' rating, being the first on Wall Street to initiate coverage on the stock. Dive into OFLX's impact in the global construction boom and its strong financial footing, set against the backdrop of a competitive, flexible hose market.

EXTON, Pa., May 01, 2024 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company” or “Omega Flex”) for the first quarters of 2024 and 2023 were $25,216,000 and $29,987,000, respectively, decreasing 15.9%.  The decrease in net sales was mainly due to lower sales unit volumes as the overall market continued to be suppressed because of, among other factors, a decline in housing starts.

EXTON, Pa., April 09, 2024 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announces that that our board of directors elected Stephen M. Shea as a director. Mr. Shea has been designated as a Class 2 director, and he will have a term expiring at the 2025 annual shareholder meeting. He will serve on our Audit committee.