Kimball International Inc (KBAL) Declares Quarterly Dividend of $0.07

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 given a dividend of 0.07 per share on Friday, April 13th. This represents a $0.28 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Thursday, March 22nd.

Kimball International (KBAL) traded up $0.30 on Wednesday, reaching $16.47. 163,500 shares of the company were exchanged, compared to its average volume of 112,889. The firm has a market cap of $606.12, a price-to-earnings ratio of 17.16 and a beta of 1.49. Kimball International has a 1-year low of $15.40 and a 1-year high of $20.97.

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

Separately, BidaskClub raised shares of Kimball International from a “hold” rating to a “buy” rating in a report on Wednesday, December 27th.

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About Kimball International

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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