Ethan Allen Declares Quarterly Cash Dividend
January 25 2021 - 4:31PM
Ethan Allen Interiors Inc. ("Ethan Allen" or “Company”)
(NYSE:ETH) announced today that its Board of Directors has declared
a regular quarterly cash dividend of $0.25 per share,
payable on April 22, 2021 to shareholders of record at the
close of business on April 8, 2021.
As previously announced on January 13, 2021, the
Company will release its fiscal 2021 second quarter financial
results on January 28, 2021. The Company mentioned in the
announcement that its retail segment written orders increased 44.9%
and earnings per share increased about 150% during its second
quarter.
Farooq Kathwari, Chairman and CEO commented, "We
are pleased to continue our payment of this regular quarterly cash
dividend. We continue to see strong customer demand for our product
offerings in the three attitudes of classic, country/coastal, and
modern. We have an opportunity to continue our growth in sales and
profitability due to our strong retail network, the personal
service of our interior design professionals, our unique
vertical integration whereby 75% of products are made in our North
American manufacturing workshops and our national distribution and
home delivery centers delivering product with white glove service
to our client’s home."
ABOUT ETHAN ALLEN
Ethan Allen Interiors Inc. (NYSE: ETH) is a
leading interior design company, manufacturer, and retailer in the
home furnishings marketplace. The Company provides complimentary
interior design service to its clients and sells a full range of
furniture products and decorative home accents through a retail
network of approximately 300 design centers in the U.S. and abroad
as well as online at ethanallen.com. Ethan Allen owns and operates
nine manufacturing facilities, including six manufacturing plants
in the U.S., two manufacturing plants in Mexico and one
manufacturing plant in Honduras. Approximately 75% of its
products are manufactured or assembled in these North American
plants. For more information on Ethan Allen's products and
services, visit ethanallen.com.
Investor Contact: Matt McNulty Vice President,
Finance IR@ethanallen.com
Grayscale Ethere (NYSE:ETH)
Historical Stock Chart
From Oct 2024 to Nov 2024
Grayscale Ethere (NYSE:ETH)
Historical Stock Chart
From Nov 2023 to Nov 2024