Nobility Homes, Inc. Declares One-Time Cash Dividend, Payable on April 4, 2022
March 14, 2022 at 11:41 am EDT
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Nobility Homes, Inc. announced that Board of Directors declared a one-time cash dividend of $1.00 per common share for fiscal year 2021. The cash dividend is payable on April 4, 2022 to stockholders of record as of March 21, 2022. Nobility Homes has distributed one-time cash dividends of $1.00 in fiscal years ending 2020, 2019 and 2018, respectively.
Nobility Homes, Inc. designs, manufactures and sells a range of manufactured and modular homes through its own retail sales centers throughout Florida. It also sells its manufactured homes on a wholesale basis to independent manufactured home retail dealers and manufactured home communities. Its homes are available in approximately 100 active models sold under the trade names Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor. The homes, ranging in size from 464 to 2,800 square feet and containing from one to five bedrooms, are available in: single-wide widths of 14 and 16 feet ranging from 35 to 72 feet in length; double-wide widths of 20, 24, 26, 28 and 32 feet ranging from 32 to 72 feet in length; triple-wide widths of 42 feet ranging from 60 to 72 feet in length; and quad unit with two sections 28 feet wide from 40 to 48 feet long and two sections 28 feet wide by 52 feet long. Its homes are sold primarily as unfurnished dwellings ready for permanent occupancy.