Ethan Allen Increases Quarterly Cash Dividend

Ethan Allen Interiors

26.52 USD -1.14%

• Charts
• News
• Analysen

Kaufen Verkaufen

Ethan Allen Increases Quarterly Cash Dividend

DANBURY, CT, November 16, 2016 -- Ethan Allen Interiors Inc. ("Ethan Allen") (NYSE:ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.19 per share, which will be payable to shareholders of record as of Tuesday, January 10, 2017, and will be paid on Tuesday, January 24, 2017.

Farooq Kathwari, Chairman and CEO commented, "We are pleased with our results for fiscal year ended June 30, 2016, and further pleased that our Board made the decision to increase our regular quarterly dividend to $0.19, a 12% increase." Mr. Kathwari further commented, "The economic conditions remain uncertain. We have many initiatives including the Ethan Allen | Disney program launch this week, which gives us cautious optimism for the remainder of the fiscal year."

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 / Media Contact:
Corey Whitely
Executive Vice President, Administration
Chief Financial Officer and Treasurer
cwhitely@ethanalleninc.com