Ethan Allen Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Ethan Allen Interiors Inc. announced a regular quarterly cash dividend of $0.36 per share, payable on November 22, 2023, to shareholders of record at the close of business on November 7, 2023.

Positive

• Ethan Allen continues its history of returning capital to shareholders with a regular quarterly cash dividend of $0.36 per share.

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• None.

DANBURY, CT, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.36 per share, payable on November 22, 2023, to shareholders of record at the close of business on November 7, 2023.

Farooq Kathwari, Ethan Allen’s Chairman, President and CEO commented, “Ethan Allen has a long history of returning capital to shareholders. We are pleased to continue to pay cash dividends while maintaining a strong cash position.”

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 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

FAQ

What is the dividend amount announced by Ethan Allen?

Ethan Allen announced a regular quarterly cash dividend of $0.36 per share.

When will the dividend be payable?

The dividend will be payable on November 22, 2023.

Who is eligible for the dividend?

Shareholders of record at the close of business on November 7, 2023, are eligible for the dividend.

What is Ethan Allen's stance on cash dividends?

Ethan Allen is pleased to continue paying cash dividends while maintaining a strong cash position.