Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Wednesday, 15 November 2017

Ethan Allen Declares Special Dividend and Regular Quarterly Cash Dividend

     

Ethan Allen Declares Special Dividend and Regular Quarterly Cash Dividend

 

Ethan Allen Declares Special Dividend and Regular Quarterly Cash Dividend

DANBURY, CT, November 15, 2017 -- Ethan Allen Interiors Inc. ("Ethan Allen") (NYSE:ETH) announced today that its Board of Directors has declared a $0.50 per share cash dividend to our shareholders which includes a special cash dividend of $0.31 per share and regular quarterly cash dividend of $0.19 per share. Both the special and regular cash dividend will be payable to shareholders of record as of Wednesday, January 10, 2018, and will be paid on Wednesday, January 24, 2018.

 

Farooq Kathwari, Chairman and CEO commented, "We are pleased that our business performance and strong balance sheet makes it possible to make this $0.50 per share cash dividend to our shareholders. This decision is a reflection of the Company's commitment to share in the successes of the Company with its shareholders."

 

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 (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Ethan Allen Interiors Inc., PO Box 1966, DANBURY CT 06811, UNITED STATES
If you would like to unsubscribe and stop receiving these e-mails click here.