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Flowserve Announces Quarterly Cash Dividend of $0.16 Per Share

August 19, 2014

DALLAS, August 19, 2014 - Flowserve Corporation, (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that its board of directors has authorized a quarterly cash dividend of $0.16 per share on the company's outstanding shares of common stock. The dividend is payable on October 10, 2014, to shareholders of record as of the close of business on September 26, 2014. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.16 per share rate or otherwise, will be reviewed individually and declared by the board at its discretion, dependent on the board's assessment of the company's financial condition and business outlook at the applicable time. Flowserve Contacts Investor Contacts: Jay Roueche, Vice President, Investor Relations & Treasurer, (972) 443-6560 Mike Mullin, Director, Investor Relations, (972) 443-6636 Media Contacts: Lars Rosene, Vice President, Global Communications and Public Affairs, (972) 443-6644 Amy Allen, Manager, Global Communications, (972) 443-6501 About Flowserve: Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in more than 50 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company's Web site at www.flowserve.com. # # # This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Flowserve Corporation via GlobeNewswire [HUG#1849885]


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