Kimball International, Inc. Declares Dividend

Rhea-AI Summary

Kimball International, Inc. (NASDAQ: KBAL) has declared a quarterly cash dividend of $0.09 per share, payable on April 15, 2021, to shareholders of record on March 25, 2021. The announcement highlights the company's commitment to rewarding its shareholders. Kimball has a substantial operational footprint, generating $728 million in revenue in fiscal year 2020 and employing over 2,800 people. The firm prides itself on delivering design-driven furnishings and maintaining strong relationships with stakeholders.

Positive

• Quarterly cash dividend of $0.09 per share demonstrates commitment to shareholders.
• Generated $728 million in revenue in fiscal year 2020, indicating strong financial performance.

Negative

• None.

JASPER, Ind., Feb. 09, 2021 (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 15, 2021, to shareholders of record on March 25, 2021.

About Kimball International, Inc.

For 70 years, Kimball International has created design driven furnishings that have helped our customers shape spaces into places, bringing possibility to life by enabling collaboration, discovery, wellness and relaxation. We go to market through our family of brands: Kimball, National, Interwoven, Etc., Kimball Hospitality, D’style by Kimball Hospitality and Poppin. Our values and high integrity are demonstrated daily by living our Purpose and Guiding Principles that establish us as an employer of choice. We build success by growing long-term relationships with customers, employees, suppliers, shareholders and the communities in which we operate. In fiscal year 2020, the company generated $728 million in revenue and employed over 2,800 people. To learn more about Kimball International, Inc. (NASDAQ: KBAL), visit www.kimballinternational.com.

For additional information contact:

Lynn Morgen - lynn.morgen@advisiry.com
Eric Prouty - eric.prouty@advisiry.com

FAQ

What is the dividend amount declared by Kimball International?

Kimball International declared a quarterly cash dividend of $0.09 per share.

When will the dividend be paid by Kimball International?

The dividend will be paid on April 15, 2021.

What is the record date for Kimball International's dividend?

The record date for the dividend is March 25, 2021.

How much revenue did Kimball International generate in fiscal year 2020?

Kimball International generated $728 million in revenue in fiscal year 2020.

How many employees does Kimball International have?

Kimball International employs over 2,800 people.