Tile Shop (TTS) Declares $0.05 Quarterly Dividend; 1% Yield

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The Tile Shop Announces Initiation of Cash Dividend

February 14, 2017 8:01 AM EST

MINNEAPOLIS, Feb. 14, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Tile Shop Holdings, Inc. (NASDAQ: TTS) (the Company), a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories, has authorized the initiation of a quarterly cash dividend commencing in the first quarter of 2017, and declared an initial dividend of $0.05 per common share, payable March 24, 2017 to stockholders of record as of the close of business on March 14, 2017.

The initiation of a dividend to our shareholders displays our confidence in The Tile Shops future growth... More