Kimball International Inc. (KBALB) Announces Quarterly Dividend of $0.05
Kimball International (NASDAQ:KBALB) announced a quarterly dividend on Tuesday, October 15th, American Banking News reports. Stockholders of record on Tuesday, December 24th will be paid a dividend of $0.05 per share on Wednesday, January 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.86%.
On a related note, analysts at Thomson Reuters/Verus upgraded shares of Kimball International from a “hold” rating to a “buy” rating in a research note to investors on Monday, August 12th.
Kimball International (NASDAQ:KBALB) traded down 1.82% during mid-day trading on Tuesday, hitting $10.78. The stock had a trading volume of 109,856 shares. Kimball International has a 52-week low of $8.48 and a 52-week high of $13.10. The stock’s 50-day moving average is $10.57 and its 200-day moving average is $10.27. The company has a market cap of $410.5 million and a price-to-earnings ratio of 21.28.
Kimball International (NASDAQ:KBALB) last released its earnings data on Thursday, August 1st. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.08. The company had revenue of $318.32 million for the quarter, compared to the consensus estimate of $290.11 million. On average, analysts predict that Kimball International will post $0.62 earnings per share for the current fiscal year.
Kimball International, Inc, provides a variety of products from the Company’s two business segments: the Electronic Manufacturing Services (NASDAQ:KBALB) segment and the Furniture segment.
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