Flexible Solutions International, Inc. (NYSE:FSI) to Issue — Dividend of $0.10

Flexible Solutions International, Inc. (NYSE:FSI) declared a — dividend on Tuesday, April 23rd, 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 positive change from Flexible Solutions International’s previous — dividend of $0.05.

Flexible Solutions International Stock Performance

Shares of NYSE FSI opened at $2.19 on Friday. The stock has a 50 day moving average price of $2.00 and a 200 day moving average price of $1.88. Flexible Solutions International has a 52 week low of $1.36 and a 52 week high of $3.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.90 and a current ratio of 3.01. The stock has a market capitalization of $27.27 million, a PE ratio of 9.95 and a beta of 1.58.

Flexible Solutions International (NYSE:FSI) last issued its quarterly earnings results on Monday, April 1st. The company reported $0.14 EPS for the quarter. Flexible Solutions International had a return on equity of 7.51% and a net margin of 7.24%. The firm had revenue of $9.43 million during the quarter. Analysts predict that Flexible Solutions International will post 0.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Flexible Solutions International in a research note on Sunday. They issued 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.