Business Context and Reporting Period
This Form 8-K is a current report filed by Omega Flex, Inc. on December 13, 2019, regarding events occurring on December 16, 2019. The company is incorporated in Pennsylvania and trades on the NASDAQ Global Market under the symbol OFLX.
Key Financial Metrics
This filing does not contain standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a corporate action regarding shareholder distributions.
Material Changes
The primary material event reported is the declaration of a special dividend. No changes to operating results or financial position are detailed in this specific report.
Guidance, Outlook, and Management Commentary
Special Dividend: On December 16, 2019, the Company announced a special dividend of $3.50 per share.
- Record Date: December 26, 2019
- Payment Date: December 30, 2019
Key Facts for Investor Verification
- Verify the ex-dividend date to determine eligibility for the $3.50 per share special dividend.
- Confirm the record date of December 26, 2019, for shareholder eligibility.
- Review the attached Press Release (Exhibit 99.1) for any additional context regarding the source of funds for the dividend.
- Consult the most recent Form 10-Q or 10-K for comprehensive financial health metrics not included in this 8-K.