Ethan Allen Declares Special Cash Dividend and Regular Quarterly Cash Dividend
15 November 2018 - 8:05AM
DANBURY, CT, November 14, 2018 -- Ethan Allen
Interiors Inc. ("Ethan Allen" or the "Company") (NYSE:ETH)
announced today that its Board of Directors has declared a $1.00
per share special cash dividend to shareholders of record as of
January 10, 2019, payable January 24, 2019.
The Board also declared a regular quarterly cash
dividend of $0.19 per share to shareholders of record as of January
10, 2019, payable January 24, 2019.
Farooq Kathwari, Chairman and CEO commented, "We
are pleased that our strong balance sheet and our confidence in the
Company's financial future makes it possible to make this $1.00 per
share special cash dividend to our shareholders, in addition to the
$0.19 per share regular quarterly cash dividend. 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 West Corporation on behalf of West
Corporation 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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