Kimball International Inc (KBAL) Announces $0.07 Quarterly Dividend

Kimball International Inc (NASDAQ:KBAL) announced a quarterly dividend on Wednesday, February 14th, Wall Street Journal reports. Stockholders of record on Friday, March 23rd will be paid a dividend of 0.07 per share on Friday, April 13th. This represents a $0.28 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, March 22nd.

Shares of Kimball International (KBAL) opened at $16.41 on Thursday. The firm has a market capitalization of $617.36, a P/E ratio of 15.39 and a beta of 1.49. Kimball International has a fifty-two week low of $15.40 and a fifty-two week high of $20.97.

Kimball International (NASDAQ:KBAL) last announced its quarterly earnings results on Wednesday, January 31st. The company reported $0.31 EPS for the quarter. The business had revenue of $173.67 million for the quarter. Kimball International had a return on equity of 22.51% and a net margin of 5.41%.

Separately, BidaskClub lowered Kimball International from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th.

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Kimball International Company Profile

Kimball International, Inc creates design driven furnishings. The Company sells a portfolio of furniture products and services under three brands, which include Kimball Office, National Office Furniture, and Kimball Hospitality. The Company’s portfolio offers solutions for the workplace, learning, healing, and hospitality environments.

Dividend History for Kimball International (NASDAQ:KBAL)

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