Ethan Allen Declares Special Dividend and Regular Quarterly Cash Dividend
November 15 2017 - 4:28PM
YASTEST
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 on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ethan Allen Interiors Inc. via Globenewswire
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