Ethan Allen Declares Special Cash Dividend and Regular Quarterly Cash Dividend
August 02 2022 - 4:05PM
Ethan Allen Interiors Inc. (“Ethan Allen” or “the Company”)
(NYSE:ETD) announced today that its Board of Directors has declared
a $0.50 per share special cash dividend to shareholders of record
on August 16, 2022, payable on August 30, 2022. The Board also
declared a regular quarterly cash dividend of $0.32 per share,
payable on August 30, 2022 to shareholders of record at the close
of business on August 16, 2022.
Farooq Kathwari, Ethan Allen’s Chairman,
President and CEO commented, “We have a strong history of returning
capital to shareholders and are pleased to continue this practice.
Accordingly, we are announcing a special cash dividend of $0.50 per
share along with our regular quarterly cash dividend of $0.32 per
share. As previously announced on July 13, 2022, we will provide
detailed information about our financial results tomorrow with the
release of our earnings for the fourth quarter and full fiscal 2022
year ended June 30, 2022.”
ABOUT ETHAN ALLEN
Ethan Allen Interiors Inc. (NYSE: ETD) is a
leading interior design company, manufacturer and retailer in the
home furnishings marketplace. The Company is a global luxury home
fashion brand that is vertically integrated from product design
through home delivery, which offers its customers stylish product
offerings, artisanal quality, and personalized service. The Company
provides complimentary interior design service to its clients and
sells a full range of home furnishings through a retail network of
design centers located throughout the United States and abroad as
well as online at ethanallen.com. Ethan Allen owns and operates ten
manufacturing facilities located in the United States, Mexico and
Honduras, including one sawmill, one rough mill and a lumberyard.
Approximately 75% of its products are manufactured or assembled in
these North American facilities.
For more information on Ethan Allen's products
and services, visit www.ethanallen.com.
Investor / Media Contact: Matt McNulty Senior Vice
President, Chief Financial Officer and Treasurer
IR@ethanallen.com
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