MillerKnoll, Inc. (MLKN) to Issue Quarterly Dividend of $0.19 on April 15th

MillerKnoll, Inc. (NASDAQ:MLKN) announced a quarterly dividend on Tuesday, January 13th. Investors of record on Saturday, February 28th will be given a dividend of 0.1875 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, February 27th.

MillerKnoll has raised its dividend payment by an average of 0.0%per year over the last three years. MillerKnoll has a payout ratio of 31.1% meaning its dividend is sufficiently covered by earnings. Analysts expect MillerKnoll to earn $2.70 per share next year, which means the company should continue to be able to cover its $0.75 annual dividend with an expected future payout ratio of 27.8%.

MillerKnoll Trading Down 3.2%

NASDAQ:MLKN traded down $0.68 on Wednesday, reaching $20.51. The company’s stock had a trading volume of 218,268 shares, compared to its average volume of 499,372. MillerKnoll has a 1-year low of $13.77 and a 1-year high of $23.18. The business’s 50-day moving average price is $19.91 and its two-hundred day moving average price is $18.51. The firm has a market cap of $1.40 billion, a PE ratio of -52.62, a PEG ratio of 0.92 and a beta of 1.33. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.95 and a current ratio of 1.66.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings data on Wednesday, December 17th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.03. The business had revenue of $955.20 million during the quarter, compared to analyst estimates of $943.13 million. MillerKnoll had a positive return on equity of 10.32% and a negative net margin of 0.68%.MillerKnoll’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.55 EPS. MillerKnoll has set its Q3 2026 guidance at 0.420-0.480 EPS. Equities research analysts anticipate that MillerKnoll will post 2.12 earnings per share for the current fiscal year.

About MillerKnoll

MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.

Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.