DIVIDEND ANNOUNCEMENT: Omega Flex Inc (NASDAQ:OFLX) on 03/28/2024 declared a dividend of $0.3300 per share

Omega Flex Inc (NASDAQ:OFLX) on 03/28/2024 declared a dividend of $ 0.3300 per share payable on April 24, 2024 to shareholders of record as of April 10, 2024.

Omega Flex Inc (NASDAQ:OFLX) has paid dividends since 2006, has a current dividend yield of 1.8960069418% and has increased its dividends for 1 successive years.

Omega Flex Inc's market cap is $ 702,744,280 and has a PE ratio of 33.80. The stock price closed yesterday at $ 69.62 and has a 52 week low/high of $ 63.43 and $ 117.63.

Omega Flex manufactures flexible metal hose, which is used to carry gases and liquids within their particular applications. These applications include: carrying fuel gases within residential and commercial buildings; carrying gasoline and diesel gasoline products in a double containment piping to contain any possible leaks; using copper-alloy corrugated piping in medical or health care facilities to carry medical gases or pure gases for pharmaceutical applications; and industrial applications where the customer requires the piping to have both a degree of flexibility and/or an ability to carry corrosive compounds or mixtures, or to carry at both very high and very low temperatures.

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