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Kimball International, Inc. Declares Dividend

Kimball International (NASDAQ: KBAL) announced a quarterly cash dividend of $0.09 per share payable on October 14, 2022, to shareholders of record on September 23, 2022.

(Neutral)

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Rhea-AI Summary

Kimball International (NASDAQ: KBAL) announced a quarterly cash dividend of $0.09 per share payable on October 14, 2022, to shareholders of record on September 23, 2022. This marks the company's ongoing commitment to returning value to shareholders. Kimball, known for its expertise in commercial furnishings across various markets, emphasizes personalized experiences through its family of brands, including Kimball, National, and Poppin. The company remains dedicated to craftsmanship and nurturing lasting connections with its shareholders and communities.

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Positive

  • Quarterly cash dividend of $0.09 per share reflects commitment to shareholder returns.

Negative

  • None.
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-1.75% session move Open Argus
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News Market Reaction – KBAL

The recorded move for KBAL in the trading session of this news was -1.75%.

Data tracked by StockTitan Argus. Session date unavailable.

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JASPER, Ind., Aug. 29, 2022 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) announced today that its Board of Directors declared a quarterly cash dividend of nine cents ($0.09) per share for all outstanding shares of common stock payable October 14, 2022, to shareholders of record on September 23, 2022.

About Kimball International, Inc.
Kimball International is a leading omnichannel commercial furnishings company with deep expertise in the Workplace, Health, and Hospitality markets. We combine our bold entrepreneurial spirit, a history of craftsmanship and today’s design-driven thinking alongside a commitment to our culture of caring and lasting connections with our customers, shareholders, employees and communities.

For over 70 years, our brands have seized opportunities to customize solutions into personalized experiences, turning ordinary spaces into meaningful places. Our family of brands includes Kimball, National, Etc., Interwoven, Kimball Hospitality, D’style and Poppin.

Kimball International is based in Jasper, Indiana.

www.kimballinternational.com

For additional information contact:

Chris Kuepper – chris.kuepper@kimballinternational.com
Lynn Morgen - lynn.morgen@advisiry.com
Eric Prouty - eric.prouty@advisiry.com

Kimball International        

1600 Royal Street                
Jasper, IN 47546-2256                
Telephone 812.482.1600


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Kimball International (KBAL)?

Kimball International declared a quarterly cash dividend of $0.09 per share.

When will the dividend be paid to shareholders of Kimball International?

The dividend will be paid on October 14, 2022.

What is the record date for Kimball International's dividend?

The record date for the dividend is September 23, 2022.

How often does Kimball International pay dividends?

Kimball International typically pays dividends quarterly.

Is Kimball International's dividend sustainable?

The sustainability of dividends can depend on the company's financial performance and cash flow management.

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