Interface Declares Regular Quarterly Dividend

Rhea-AI Summary

Interface, Inc. (Nasdaq: TILE) Declares $0.01 Quarterly Cash Dividend

Positive

• Interface, Inc. continues to provide value to its shareholders by declaring a regular quarterly cash dividend, demonstrating its commitment to rewarding investors.
• The announcement of a regular cash dividend indicates the company's financial stability and confidence in its future cash flows, which may attract more investors.

Negative

• The declared dividend amount of $0.01 per share is relatively low, which may not be appealing to potential investors seeking higher dividend yields.

ATLANTA--(BUSINESS WIRE)-- Interface, Inc. (Nasdaq: TILE), the global flooring solutions company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.01 per share, payable December 15, 2023 to shareholders of record as of December 1, 2023.

About Interface

Interface, Inc., (NASDAQ: TILE) is a global flooring solutions enterprise with an integrated portfolio of carpet tile and resilient flooring products, where everything is third-party certified carbon neutral. With our design approach to flooring systems, we help our customers create high-performance interior spaces that have a positive impact on people’s lives and the planet. Our range includes Interface® carpet tile and LVT, nora® by Interface rubber flooring, and FLOR® premium area rugs for commercial and residential spaces.

Interface is third-party certified as a Carbon Neutral Enterprise. We neutralized our carbon impact across our entire business, including all operations and our full value chain, marking an important milestone toward our objective to become a restorative and carbon negative enterprise by 2040.

Learn more about Interface at interface.com and blog.interface.com, nora by Interface at nora.com, FLOR at FLOR.com, our sustainability journey at interface.com/sustainability, and our Carbon Neutral Enterprise certification at https://www.interface.com/US/en-US/sustainability/carbon-neutral-enterprise.html.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20231114263583/en/

Christine Needles

Global Corporate Communications

Christine.Needles@interface.com

+1 404-491-4660

Source: Interface, Inc.

FAQ

What is the ticker symbol of Interface, Inc.?

The ticker symbol of Interface, Inc. is TILE.

When is the quarterly cash dividend payable?

The quarterly cash dividend of $0.01 per share is payable on December 15, 2023.

What is the record date for shareholders to receive the dividend?

Shareholders of record as of December 1, 2023, will receive the quarterly cash dividend.