Knoll BOD announces Qtly cash dividend

07 Dec '06

1 min read

Home furnishings manufacturer Knoll Inc announced that the Company's Board of Directors (BOD) declared a quarterly cash dividend of $0.11 per share payable December 29, 2006 to stockholders of record on December 15, 2006. This represents a 10 percent increase over the prior quarterly cash dividend of $0.10 per share.

The Board of Directors currently intends to declare and pay quarterly dividends of $0.11 per share on our common stock. The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements and other factors deemed relevant by our Board of Directors.

Knoll Inc is recognized internationally for creating workplace furnishings that inspire, evolve and endure. The commitment to innovation and modern design has yielded a comprehensive portfolio of office systems, seating, files and storage, tables and desks, wood casegoods, textiles and accessories.

Knoll Inc

More Knoll Inc News... More Textiles News - United States Of America...