Kimball International, Inc. Declares Dividend

Rhea-AI Summary

Kimball International (NASDAQ: KBAL) has declared a quarterly cash dividend of $0.09 per share for all outstanding shares of common stock. This dividend will be payable on April 14, 2023, to shareholders of record on March 24, 2023.

The company, based in Jasper, Indiana, specializes in commercial furnishings across the Workplace, Health, and Hospitality markets. With over 70 years of experience, Kimball's brands aim to provide customized solutions that transform ordinary spaces into meaningful experiences.

Positive

• Declaration of a quarterly cash dividend of $0.09 per share, signaling a commitment to returning value to shareholders.
• Strong market presence with over 70 years of experience in commercial furnishings, enhancing investor confidence.

Negative

• None.

JASPER, Ind., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) announced today that its Board of Directors declared a quarterly cash dividend of nine cents ($0.09) per share for all outstanding shares of common stock payable April 14, 2023, to shareholders of record on March 24, 2023.

About Kimball International, Inc.
Kimball International is a leading omnichannel commercial furnishings company with deep expertise in the Workplace, Health, and Hospitality markets. We combine our bold entrepreneurial spirit, a history of craftsmanship and today’s design-driven thinking alongside a commitment to our culture of caring and lasting connections with our customers, shareholders, employees and communities.

For over 70 years, our brands have seized opportunities to customize solutions into personalized experiences, turning ordinary spaces into meaningful places. Our family of brands includes Kimball, National, Etc., Interwoven, Kimball Hospitality, D’style and Poppin.

Kimball International is based in Jasper, Indiana.

www.kimballinternational.com

For additional information contact:

Chris Kuepper – chris.kuepper@kimballinternational.com
Lynn Morgen – lynn.morgen@advisiry.com
Eric Prouty – eric.prouty@advisiry.com

FAQ

What is the dividend amount declared by Kimball International in 2023?

Kimball International declared a dividend of $0.09 per share.

When is the dividend payment date for Kimball International?

The dividend is payable on April 14, 2023.

What is the record date for shareholders to receive the dividend from Kimball International?

The record date is March 24, 2023.

How does the dividend declaration affect KBAL shareholders?

The dividend declaration indicates a commitment to shareholder returns, which can enhance investor sentiment.