Interface Declares Regular Quarterly Dividend

Rhea-AI Summary

Interface, Inc. (Nasdaq: TILE) has declared a quarterly cash dividend of $0.01 per share, payable on September 16, 2022, to shareholders of record as of September 2, 2022. This announcement underscores the company's commitment to returning value to shareholders. Interface is recognized as a global leader in sustainable flooring solutions, including carbon neutral carpet tiles and resilient flooring options.

Positive

• Quarterly cash dividend of $0.01 per share enhances shareholder value.
• Reinforces company's commitment to sustainability and profitability.

Negative

• None.

ATLANTA, Aug. 16, 2022 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.01 per share, payable September 16, 2022 to shareholders of record as of September 2, 2022.

About Interface

Interface, Inc. is a global flooring company specializing in carbon neutral carpet tile and resilient flooring, including luxury vinyl tile (LVT) and nora® rubber flooring. We help our customers create high-performance interior spaces that support well-being, productivity, and creativity, as well as the sustainability of the planet. Our mission, Climate Take Back™, invites you to join us as we commit to operating in a way that is restorative to the planet and creates a climate fit for life. 

Learn more about Interface at interface.com and blog.interface.com, our nora brand at nora.com, our FLOR® brand at FLOR.com, and our Carbon Neutral Floors™ program at interface.com/carbonneutral. Learn more about our carbon negative products at interface.com/carbonnegative. 

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SOURCE Interface, Inc.

FAQ

What is the dividend amount declared by Interface, Inc. for September 2022?

Interface, Inc. declared a quarterly cash dividend of $0.01 per share.

When is the dividend payment date for Interface, Inc.?

The dividend is payable on September 16, 2022.

Who are the shareholders eligible for the September 2022 dividend?

Shareholders of record as of September 2, 2022, are eligible for the dividend.

Is the dividend from Interface, Inc. sustainable?

The sustainability of the dividend would depend on the company’s financial performance; however, it reflects a commitment to returning value to shareholders.