Ethan Allen Interiors Inc. (NYSE:ETD) Shareholders to Collect $0.20 Quarterly Dividend

Ethan Allen Interiors Inc. (NYSE:ETD) announced a quarterly dividend on Monday, November 9th. Shareholders of record on Friday, November 20th will be given a dividend of $0.20 per share on Friday, December 4th. This represents a $0.80 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, November 20th.

Ethan Allen Interiors has a dividend payout ratio of 73.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ethan Allen Interiors to earn $1.30 per share next year, which means the company may not be able to cover its $1.56 annual dividend with an expected future payout ratio of 120.0%.

Ethan Allen Interiors Price Performance

Ethan Allen Interiors stock opened at $20.23 on Tuesday. The stock has a market cap of $509.85 million, a PE ratio of 12.97 and a beta of 1.09. The stock’s fifty day moving average is $21.07 and its two-hundred day moving average is $21.97. Ethan Allen Interiors has a 1-year low of $18.28 and a 1-year high of $25.26.

Ethan Allen Interiors (NYSE:ETD) last released its quarterly earnings data on Monday, November 9th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). Ethan Allen Interiors had a net margin of 6.88% and a return on equity of 7.88%. The business had revenue of $129.60 million during the quarter, compared to analysts’ expectations of $135.60 million. During the same quarter in the previous year, the company posted $0.43 EPS. The company’s revenue was down 11.8% compared to the same quarter last year. On average, research analysts expect that Ethan Allen Interiors will post 1.30 earnings per share for the current fiscal year.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc (NYSE: ETD) is a vertically integrated home furnishings company that designs, manufactures, markets and sells furniture and related products. Its offerings include living room, dining room and bedroom furniture, upholstery, case goods, home accents, mattresses and other furnishings for residential interiors.

The company sells its products through a network of Ethan Allen Design Centers, interior designers and independent retailers, as well as through its website and other digital channels.