Flexible Solutions International Declares Special Dividend Announcement
Special Dividend Announcement by Flexible Solutions International
TABER, ALBERTA — FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE: FSI) has taken a significant step forward by announcing a special dividend of ten cents per share. This initiative highlights the company’s robust financial health and its commitment to shareholder returns, which is especially crucial in today’s competitive market.
Understanding the Dividend Details
The special dividend is slated for payment on May 28, and it will be issued to shareholders who are on record as of May 19. This timeline provides ample notice for investors and reflects the company’s transparency in its operations.
Insights from Leadership
CEO Mr. Dan O'Brien expressed enthusiasm about the company’s current financial position and ongoing profitability. He remarked, “It’s a pleasure to announce this dividend amid a strong performance. We believe in rewarding our shareholders and remain committed to judiciously managing our capital. This special dividend will not be a regular feature, but a reflection of our achievements and foresight.”
Company Overview and Growth Trajectory
Flexible Solutions International, Inc., based in Victoria, British Columbia, is a pioneer in biodegradable polymers used across various sectors including oil extraction, detergent ingredients, and water treatment solutions. One of their innovative product lines includes environment-friendly technologies that conserve both water and energy.
FSI’s commitment to sustainability plays a foundational role in its growth, particularly as it expands its footprint in the food and nutritional supplement markets. In recent developments, the company has obtained the necessary FDA and SQF food grade approvals for a new facility, positioning it to better serve this burgeoning sector.
Fun Facts About FSI
Did you know that Flexible Solutions is not just about keeping the environment healthy, but they're also ensuring financial health for their investors through strategic decisions, like their recent special dividend?
Continued Innovation and Market Position
Alongstream of their extraordinary innovations, FSI is continuously bartering efforts to launch new crop enhancement products alongside its established portfolio. Their focus on biopolymers, particularly TPA (thermal polyaspartate), showcases their dedication to research and development, making them leaders in environmentally sustainable solutions.
Looking Ahead
As the future unfolds, Flexible Solutions International prioritizes shareholder value and company growth. As stated by leadership, they compete vigorously while monitoring market dynamics and production costs to adapt to evolving economic conditions.
Investors can feel confident in FSI’s mission and outlook, particularly with the ongoing evaluation of retained earnings and the careful consideration for future dividend payments.
Contact Information
Your connection with Flexible Solutions is vital. For any inquiries, the company is located at 6001 54 Ave, Taber, Alberta, CANADA T1G 1X4. You can reach out to Jason Bloom via their toll-free number or email provided below:
Phone: 800.661.3560
Fax: 403.223.2905
Email: info@flexiblesolutions.com
Frequently Asked Questions
What is the amount of the dividend declared by FSI?
The special dividend declared is ten cents per share.
When will the dividend be paid?
The dividend will be paid on May 28 to shareholders of record on May 19.
Why has FSI decided to issue a special dividend?
FSI aimed to reward its shareholders, reflecting its healthy financial position and profitability.
What sectors does Flexible Solutions operate in?
Flexible Solutions operates in sectors including biodegradable polymers, water treatment, and food and nutrition supplements.
Who can I contact for more information?
You can contact Jason Bloom at Flexible Solutions for any queries via the provided email or phone numbers.
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