Ethan Allen Declares Quarterly Cash Dividend - Increases Dividend by 21%
DANBURY, CT, January 27, 2016 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. ("Ethan Allen" or the "Company") (NYSE:ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.17 per share, an increase of 21%, which will be payable to shareholders of record as of April 11, 2016 and will be paid on April 25, 2016.
Farooq Kathwari, Chairman and CEO commented, "We are pleased with the progress in implementing many of our initiatives resulting in growth of sales and profitability enabling us to continue to increase our quarterly dividend."
About Ethan Allen
Ethan Allen Interiors Inc. (NYSE: ETH) is a leading interior design company and manufacturer and retailer of quality home furnishings. The company offers complimentary interior design service to its clients and sells a full range of furniture products and decorative accessories through ethanallen.com and a network of approximately 300 Design Centers in the United States and abroad. Ethan Allen owns and operates nine manufacturing facilities including six manufacturing plants and one sawmill in the United States plus one plant each in Mexico and Honduras. Approximately seventy percent of its products are made in its North American plants. For more information on Ethan Allen's products and services, visit ethanallen.com.
Ethan Allen Interiors Inc.
Investor / Media Contact:
Corey Whitely
Executive Vice President, Administration
Chief Financial Officer and Treasurer
cwhitely@ethanalleninc.com
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Source: Ethan Allen Interiors Inc. via Globenewswire
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