Ethan Allen Declares Regular Quarterly Cash Dividend
Ethan Allen Interiors Inc. (NYSE: ETD) announced a quarterly cash dividend of $0.32 per share, payable on January 4, 2023, with a record date of December 7, 2022.
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Rhea-AI Summary
Ethan Allen Interiors Inc. (NYSE: ETD) announced a quarterly cash dividend of $0.32 per share, payable on January 4, 2023, with a record date of December 7, 2022. Chairman Farooq Kathwari expressed satisfaction with the company's strong performance and robust balance sheet, which supports shareholder returns. Celebrating 90 years in the industry, Ethan Allen remains focused on enhancing its position as an interior design destination while maintaining a vertically integrated structure.
Positive
- Quarterly cash dividend of $0.32 per share announced, reflecting strong financial performance.
- Robust balance sheet supports consistent returns to shareholders.
Negative
- None.
Details
News Market Reaction – ETD
The recorded move for ETD in the trading session of this news was -0.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DANBURY, CT, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) announced today that its Board of Directors declared a regular quarterly cash dividend of
Farooq Kathwari, Ethan Allen’s Chairman, President and CEO commented, “We are pleased with our continued strong performance and the Board’s decision today also highlights our strong balance sheet allowing for these returns to shareholders. As we celebrate 90 years of innovation, our focus will continue to position us as an interior design destination and strengthen our vertically integrated structure.”
ABOUT ETHAN ALLEN
Ethan Allen Interiors Inc. (NYSE: ETD) is a leading interior design company, manufacturer and retailer in the home furnishings marketplace. The Company is a global luxury home fashion brand that is vertically integrated from product design through home delivery, which offers its customers stylish product offerings, artisanal quality, and personalized service. The Company provides complimentary interior design service to its clients and sells a full range of home furnishings through a retail network of design centers located throughout the United States and abroad as well as online at ethanallen.com. Ethan Allen owns and operates ten manufacturing facilities located in the United States, Mexico and Honduras, including one sawmill, one rough mill and a lumberyard. Approximately
For more information on Ethan Allen's products and services, visit www.ethanallen.com.
Investor / Media Contact:
Matt McNulty
Senior Vice President, Chief Financial Officer and Treasurer
IR@ethanallen.com
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