Kimball International, Inc. Declares Dividend
Kimball International, Inc. (NASDAQ: KBAL) has declared a quarterly cash dividend of $0.09 per share, payable on April 15, 2021, to shareholders of record on March 25, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Kimball International, Inc. (NASDAQ: KBAL) has declared a quarterly cash dividend of $0.09 per share, payable on April 15, 2021, to shareholders of record on March 25, 2021. The announcement highlights the company's commitment to rewarding its shareholders. Kimball has a substantial operational footprint, generating $728 million in revenue in fiscal year 2020 and employing over 2,800 people. The firm prides itself on delivering design-driven furnishings and maintaining strong relationships with stakeholders.
Positive
- Quarterly cash dividend of $0.09 per share demonstrates commitment to shareholders.
- Generated $728 million in revenue in fiscal year 2020, indicating strong financial performance.
Negative
- None.
Details
News Market Reaction – KBAL
The recorded move for KBAL in the trading session of this news was +0.59%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
JASPER, Ind., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) announced today that its Board of Directors declared a quarterly cash dividend of nine cents (
About Kimball International, Inc.
For 70 years, Kimball International has created design driven furnishings that have helped our customers shape spaces into places, bringing possibility to life by enabling collaboration, discovery, wellness and relaxation. We go to market through our family of brands: Kimball, National, Interwoven, Etc., Kimball Hospitality, D’style by Kimball Hospitality and Poppin. Our values and high integrity are demonstrated daily by living our Purpose and Guiding Principles that establish us as an employer of choice. We build success by growing long-term relationships with customers, employees, suppliers, shareholders and the communities in which we operate. In fiscal year 2020, the company generated
For additional information contact:
Lynn Morgen - lynn.morgen@advisiry.com
Eric Prouty - eric.prouty@advisiry.com
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