Ethan Allen Interiors : Declares Quarterly Cash Dividend
July 26, 2018 at 04:11 pm EDT
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Ethan Allen Declares Quarterly Cash Dividend
DANBURY, CT July 26, 2018 -- Ethan Allen Interiors Inc. ("Ethan Allen") (NYSE:ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.19 per share, which will be payable to shareholders of record as of Wednesday, October 10, 2018, and will be paid on Thursday, October 25, 2018.
Farooq Kathwari, Chairman and CEO commented, "We are pleased to continue our payment of this regular quarterly cash dividend due to the continued strengthening of our financial position."
About Ethan Allen Ethan Allen Interiors Inc. (NYSE: ETH) is a leading interior design company and manufacturer and retailer of quality home furnishings. The company offers complimentary interior design service to its clients and sells a full range of furniture products and decorative accessories through ethanallen.com and a network of approximately 300 Design Centers in the United States and abroad. Ethan Allen owns and operates nine manufacturing facilities, including six manufacturing plants and one sawmill in the United States plus one plant each in Mexico and Honduras. Approximately seventy five percent of its products are made in its North American plants. For more information on Ethan Allen's products and services, visit ethanallen.com.
Ethan Allen Interiors Inc. Investor Relations Contact: Corey Whitely Executive Vice President, Administration Chief Financial Officer and Treasurer IR@ethanallen.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Ethan Allen Interiors Inc. via Globenewswire
Ethan Allen Interiors Inc. is an interior design company, which is a manufacturer and retailer in the home furnishings marketplace. The Company operates through two segments: wholesale and retail. The wholesale segment is involved in the development of the Ethan Allen brand and encompasses all aspects of design, manufacturing, sourcing, marketing, sale, and distribution of the Companyâs broad range of home furnishings and accents. The retail segment sells home furnishings and accents to clients through a network of 139 Company-operated design centers. The Company operates approximately 139 retail design centers with 135 located in the United States and four in Canada. The Company also owns and operates ten manufacturing facilities, including four manufacturing plants, one sawmill, one rough mill and one kiln dry lumberyard in the United States, two manufacturing plants in Mexico and one manufacturing plant in Honduras.