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

Flexible Solutions International, Inc. (NYSE:FSI) announced a — dividend on Thursday, April 25th, Wall Street Journal reports. Investors 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 boost from Flexible Solutions International’s previous — dividend of $0.05.

Flexible Solutions International Price Performance

Shares of Flexible Solutions International stock remained flat at $2.26 during trading on Thursday. The stock had a trading volume of 14,436 shares, compared to its average volume of 22,169. The company has a market capitalization of $28.14 million, a price-to-earnings ratio of 10.27 and a beta of 1.58. Flexible Solutions International has a 52 week low of $1.36 and a 52 week high of $3.10. The stock has a fifty day moving average price of $1.99 and a two-hundred day moving average price of $1.89. 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 released its earnings results on Monday, April 1st. The company reported $0.14 EPS for the quarter. The firm had revenue of $9.43 million for the quarter. Flexible Solutions International had a return on equity of 7.51% and a net margin of 7.24%. As a group, equities research analysts anticipate that Flexible Solutions International will post 0.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Flexible Solutions International in a research note on Saturday, April 20th. They set a “hold” rating on the stock.

Flexible Solutions International Company Profile

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.