Flexible Solutions International, Inc.
FSIFlexible Solutions International, Inc. (FSI) is a company that develops and markets environmentally friendly products aimed at water and energy conservation. Known for its focus on sustainable solutions, FSI offers products such as water-retention and limescale control solutions that help reduce water and energy use across various industries, including residential, industrial, and agricultural sectors. The company emphasizes innovation in creating eco-conscious products to promote resource conservation.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| May 28, 2025 | $0.10 | 2025-05-19 | 2025-05-19 |
| May 16, 2024 | $0.10 | 2024-04-29 | 2024-04-30 |
| May 16, 2023 | $0.05 | 2023-04-27 | 2023-04-28 |
| October 15, 2019 | $0.07 | 2019-09-30 | 2019-10-01 |
| April 15, 2019 | $0.07 | 2019-03-28 | 2019-03-31 |
Dividends Summary
- Consistent Payer: Flexible Solutions International, Inc. has rewarded shareholders with 6 dividend payments over the past 6 years.
- Total Returned Value: Investors who held FSI shares during this period received a total of $0.45 per share in dividend income.
- Latest Payout: The most recent dividend of $0.10/share was paid 240 days ago, on May 28, 2025.
- Dividend Growth: Since 2019, the dividend payout has grown by 100.0%, from $0.05 to $0.10.
Company News
Flexible Solutions International reported Q2 2025 sales of $11.4 million, an 8% increase from the previous year. Net income rose to $2 million, driven by R&D revenue and strategic production shifts to Panama, despite challenges from tariff increases.
Flexible Solutions International signed a second significant food grade contract with estimated annual revenue between $6.5-$13 million, with potential to expand to over $25 million. The company aims to potentially double its revenue in the next 18 months.
Flexible Solutions International reported Q2 2025 revenue of $11.212 million, a 6.5% increase from Q2 2024. A $2.5 million payment for food grade product development helped improve quarterly performance, though the company noted weakness from historic customers due to business conditions and inventory reduction.
Flexible Solutions International received a $2.5 million payment for assisting in developing a new food grade product, with potential for additional future payments and potential manufacturing opportunities.
Flexible Solutions International, Inc. (FSI) announced a special dividend of $0.10 per share, citing its current financial condition and expectations of continued profitability. The company also reported its full-year 2024 financial results and scheduled a conference call to discuss them.
