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Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
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News Flash
Ethan Allen boosts 20% regular quarterly dividend
27 Jul '05
1 min read
Wood furniture, upholstery and accents and home furnishing producer Ethan Allen Interiors Inc announced that its Board of Directors (BOD) has increased its regular quarterly cash dividend from $0.15 to $0.18 per share, representing a 20% increase.
The regular quarterly dividend of $0.18 per share will be payable to shareholders of record as October 11, 2005 and will be paid on October 25, 2005.
Chairman and CEO Farooq Kathwari said, "They are pleased with progress in positioning business to grow, and they are gratified to have the financial strength to continue increasing quarterly dividend."
Danbury based Ethan Allen Interiors Inc is a leading manufacturer and retailer of quality home furnishings. The Company sells a full range of furniture products and decorative accessories through an exclusive network of 313 retail stores located in the United States and abroad. Ethan Allen has 12 manufacturing facilities which include 3 sawmills, located through the United States.
The regular quarterly dividend of $0.18 per share will be payable to shareholders of record as October 11, 2005 and will be paid on October 25, 2005.
Chairman and CEO Farooq Kathwari said, "They are pleased with progress in positioning business to grow, and they are gratified to have the financial strength to continue increasing quarterly dividend."
Danbury based Ethan Allen Interiors Inc is a leading manufacturer and retailer of quality home furnishings. The Company sells a full range of furniture products and decorative accessories through an exclusive network of 313 retail stores located in the United States and abroad. Ethan Allen has 12 manufacturing facilities which include 3 sawmills, located through the United States.
Ethan Allen Interiors Inc
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