June 9, 2010 (FinancialWire) — Flexsteel Industries, Inc. (NASDAQ: FLXS) board has declared a third quarter dividend of $0.05 per share payable July 1, 2010 to shareholders on record as of June 18, 2010.

Flexsteel has paid cash dividends each year since 1938 on its common stock. This is the 274th consecutive cash dividend.

The company said it believes that its cash flow and operating income levels are supportive of the current dividend.

Iowa-based Flexsteel Industries is a designer, manufacturer, importer and marketer of upholstered and wood furniture for residential, recreational vehicle, office, hospitality and healthcare markets.

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