{"id":690858,"date":"2022-09-30T16:18:15","date_gmt":"2022-09-30T20:18:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/omega-flex-inc-announces-regular-quarterly-dividend-for-the-third-quarter-2022\/"},"modified":"2022-09-30T16:18:15","modified_gmt":"2022-09-30T20:18:15","slug":"omega-flex-inc-announces-regular-quarterly-dividend-for-the-third-quarter-2022","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/omega-flex-inc-announces-regular-quarterly-dividend-for-the-third-quarter-2022\/","title":{"rendered":"Omega Flex, Inc. Announces Regular Quarterly Dividend\u00a0for the Third Quarter 2022"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">EXTON, Pa., Sept.  30, 2022  (GLOBE NEWSWIRE) &#8212; Omega Flex, Inc. (the \u201cCompany\u201d)\u00a0(NASDAQ: OFLX) today announced that the Board of Directors\u00a0declared a regular quarterly dividend of $0.32 per share\u00a0payable\u00a0on October 24, 2022, to shareholders of record\u00a0on October 12, 2022.\u00a0\u00a0 Kevin R. Hoben, the Company\u2019s chairman stated that: \u201cThe commitment of Omega Flex, Inc. to its shareholders is reflected in part by the payment of this regular quarterly dividend. As the Company continues to weather these challenging times for the country and the economy, this dividend is the best indication of our belief in the Company\u2019s ability to succeed.\u201d 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.<\/p>\n<p>\n        <em>This news release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict and may be beyond the ability of our control.<\/em>\n      <\/p>\n<p>\n        <em>Certain statements in this news release constitute forward-looking statements with the meaning of the Private Securities Litigation Reform act of 1995, that are not historical facts but rather reflect our current expectations concerning future results and events. The words \u201cbelieves,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201chopes,\u201d \u201clikely,\u201d \u201cwill,\u201d and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance, or achievements of the Company (including its subsidiaries and affiliates) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements.<\/em>\n      <\/p>\n<p>\n        <em>Readers are cautioned not to place undue reliance on these forward-looking statements which reflect management\u2019s view only as of the date of this news release. We undertake no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances.<\/em>\n      <\/p>\n<p align=\"left\">Contact: Kevin R. Hoben <br \/>(860) 704-6820<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1Njc0NCM1MTgxMjgyIzIwMTg4OTk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NzMwMWIxMjgtNTYzYi00YjRmLWJjNzgtNDMyMDYyYzZmNWQ2LTEwMzA0NzI=\/tiny\/Omega-Flex-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EXTON, Pa., Sept. 30, 2022 (GLOBE NEWSWIRE) &#8212; Omega Flex, Inc. (the \u201cCompany\u201d)\u00a0(NASDAQ: OFLX) today announced that the Board of Directors\u00a0declared a regular quarterly dividend of $0.32 per share\u00a0payable\u00a0on October 24, 2022, to shareholders of record\u00a0on October 12, 2022.\u00a0\u00a0 Kevin R. Hoben, the Company\u2019s chairman stated that: \u201cThe commitment of Omega Flex, Inc. to its shareholders is reflected in part by the payment of this regular quarterly dividend. As the Company continues to weather these challenging times for the country and the economy, this dividend is the best indication of our belief in the Company\u2019s ability to succeed.\u201d In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/omega-flex-inc-announces-regular-quarterly-dividend-for-the-third-quarter-2022\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Omega Flex, Inc. Announces Regular Quarterly Dividend\u00a0for the Third Quarter 2022&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690858","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Omega Flex, Inc. Announces Regular Quarterly Dividend\u00a0for the Third Quarter 2022 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/omega-flex-inc-announces-regular-quarterly-dividend-for-the-third-quarter-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Omega Flex, Inc. Announces Regular Quarterly Dividend\u00a0for the Third Quarter 2022 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EXTON, Pa., Sept. 30, 2022 (GLOBE NEWSWIRE) &#8212; Omega Flex, Inc. (the \u201cCompany\u201d)\u00a0(NASDAQ: OFLX) today announced that the Board of Directors\u00a0declared a regular quarterly dividend of $0.32 per share\u00a0payable\u00a0on October 24, 2022, to shareholders of record\u00a0on October 12, 2022.\u00a0\u00a0 Kevin R. Hoben, the Company\u2019s chairman stated that: \u201cThe commitment of Omega Flex, Inc. to its shareholders is reflected in part by the payment of this regular quarterly dividend. As the Company continues to weather these challenging times for the country and the economy, this dividend is the best indication of our belief in the Company\u2019s ability to succeed.\u201d In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on &hellip; Continue reading &quot;Omega Flex, Inc. 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