Kimball International Inc (KBAL) to Issue Quarterly Dividend of $0.08 on April 15th
Kimball International Inc (NASDAQ:KBAL) announced a quarterly dividend on Friday, February 8th, Wall Street Journal reports. Shareholders of record on Monday, March 25th will be paid a dividend of 0.08 per share on Monday, April 15th. This represents a $0.32 annualized dividend and a yield of 2.17%. The ex-dividend date is Friday, March 22nd.
Kimball International has raised its dividend by an average of 23.2% per year over the last three years and has increased its dividend every year for the last 3 years.
Shares of Kimball International stock opened at $14.75 on Thursday. Kimball International has a 1 year low of $13.49 and a 1 year high of $18.14. The company has a market cap of $548.46 million, a price-to-earnings ratio of 14.79 and a beta of 0.91.
Separately, BidaskClub upgraded shares of Kimball International from a “sell” rating to a “hold” rating in a report on Tuesday, December 18th.
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Kimball International Company Profile
Kimball International, Inc designs, manufactures, and sells furniture products under the Kimball, National, and Kimball Hospitality brands in the United States and internationally. The company offers office furniture, including desks, tables, seating, bookcases, and filing and storage units for federal, state, and local government offices, as well as other government related entities; and furniture solutions, such as headboards, tables, seating, vanities, casegoods, lighting, and other products for hotel properties, and commercial and residential mixed use developments.
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