Knoll (KNL) Raises Quarterly Dividend 13.3% to $0.17; 3.2% Yield
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Knoll Increases Quarterly Cash Dividend 13%
May 7, 2019 4:16 PM EDTEAST GREENVILLE, Pa., May 07, 2019 (GLOBE NEWSWIRE) -- Knoll, Inc., (NYSE: KNL), a leading designer and manufacturer of furnishings and coverings for the workplace and home, today announced that the Company's Board of Directors declared an increase in the Company's quarterly cash dividend to $0.17 per share from $0.15 payable June 28, 2019 to shareholders of record on June 14, 2019.
Commenting on the dividend increase, Andrew Cogan, Knoll Chairman and CEO, said, We have increased our quarterly dividend based on our confidence in our prospects and the effectivity of our strategy to diversify our sources of revenue into higher margin... More
