Culp Inc. Plans Quarterly Dividend of $0.05 (CFI)
Culp (NYSE:CFI) announced a quarterly dividend on Tuesday, February 25th, Analyst RN reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.05 per share on Tuesday, April 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.03%.
Culp (NYSE:CFI) traded down 0.36% on Tuesday, hitting $19.39. 33,854 shares of the company’s stock traded hands. Culp has a 52-week low of $14.76 and a 52-week high of $21.10. The stock’s 50-day moving average is $19.94 and its 200-day moving average is $19.42. The company has a market cap of $237.5 million and a price-to-earnings ratio of 18.77.
Culp, Inc (NYSE:CFI) manufactures, sources and markets mattress fabrics used for covering mattresses and box springs, and upholstery fabrics primarily for use in production of upholstered furniture (residential and commercial).
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