Interface (TILE) Lowers Quarterly Dividend 84.6% to $0.01; 0.5% Yield

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Go back to Interface (TILE) Lowers Quarterly Dividend 84.6% to $0.01; 0.5% Yield

Interface Declares Regular Quarterly Dividend

May 19, 2020 4:42 PM EDT

ATLANTA, May 19, 2020 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE), a worldwide modular flooring company and global leader in sustainability, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.01 per share, which represents a reduction in the quarterly dividend amount.  The newly declared dividend is payable June 19, 2020 to shareholders of record as of June 5, 2020.  Dan Hendrix, Chairman and CEO of Interface, commented, "The Board made the decision to reduce the dividend out of an abundance of caution to conserve cash during this period of COVID-19 restrictions and... More