Home furnisher Ethan Allen Interiors Inc declares quarterly dividend
27 Jul '05
1 min read
One stop home furnishing resource & manufacturer Ethan Allen Interiors Inc announced its Board of Directors has increased its regular quarterly cash dividend from $0.15 to $0.18 per share, representing a 20 percent 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, "Company is pleased with progress in positioning respected business to grow, and company is gratified to have the financial strength to continue increasing quarterly dividend."
The Company will be releasing earnings for the fourth quarter and fiscal year ended June 30, 2005 before the market opens on Thursday, July 28th. The Company will host a conference call for analysts at 11:00 am Eastern time.
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.
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