{"id":380323,"date":"2020-11-12T16:13:10","date_gmt":"2020-11-12T21:13:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380323"},"modified":"2020-11-12T16:13:10","modified_gmt":"2020-11-12T21:13:10","slug":"ethan-allen-increases-quarterly-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ethan-allen-increases-quarterly-cash-dividend\/","title":{"rendered":"Ethan Allen Increases Quarterly Cash Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p>DANBURY, CT, Nov.  12, 2020  (GLOBE NEWSWIRE) &#8212; Ethan Allen Interiors Inc. (\u201cEthan Allen\u201d or \u201cthe Company\u201d) (NYSE:ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per share, payable on January 21, 2021 to shareholders of record at the close of business on January 7, 2021.<\/p>\n<p align=\"justify\">Farooq Kathwari, Chairman and CEO commented, \u201cWe are pleased that our Board made the decision to increase our regular quarterly dividend to $0.25, a 19% increase. These are unprecedent times. Our enterprise over the last 89 years has gone through the Great Depression, a World War, and several recessions including the Great Recession. We have come out stronger and more vibrant each time. We look forward to continuing our progress and remain cautiously optimistic.\u201d<\/p>\n<p align=\"justify\">\n        <strong>ABOUT ETHAN ALLEN<\/strong>\n      <\/p>\n<p align=\"justify\">Ethan Allen Interiors Inc. (NYSE: ETH) is a leading interior design company, manufacturer and retailer in the home furnishings marketplace. Today the Company is a global luxury international home fashion brand that is vertically integrated from design through delivery, which affords its clientele a value proposition of style, quality and price.\u00a0The Company provides complimentary interior design service to its clients and sells a full range of furniture products and decorative accents through a retail network of approximately 300 design centers in the United States and abroad as well as online at ethanallen.com. The design centers represent a mix of independent licensees and Company-owned and operated locations.\u00a0The Company operates retail design centers located in the United States and Canada.\u00a0The independently operated design centers are located in the United States, Asia, the Middle East and Europe. Ethan Allen owns and operates nine manufacturing facilities, including six manufacturing plants in the United States, two manufacturing plants in Mexico and one manufacturing plant in Honduras. Approximately 75% of its products are manufactured or assembled in these North American facilities.<\/p>\n<p align=\"justify\">For more information on Ethan Allen&#8217;s products and services, visit\u00a0<a href=\"http:\/\/www.ethanallen.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.ethanallen.com<\/a>.<\/p>\n<p>\n        <em>Investor \/ Media Contact:<\/em> \u00a0<br \/>Matt McNulty<br \/> Vice President, Finance<br \/><a href=\"mailto:IR@ethanallen.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">IR@ethanallen.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTIyNSMzODI0OTcyIzIwMDcwNjY=\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>DANBURY, CT, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; Ethan Allen Interiors Inc. (\u201cEthan Allen\u201d or \u201cthe Company\u201d) (NYSE:ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per share, payable on January 21, 2021 to shareholders of record at the close of business on January 7, 2021. Farooq Kathwari, Chairman and CEO commented, \u201cWe are pleased that our Board made the decision to increase our regular quarterly dividend to $0.25, a 19% increase. These are unprecedent times. Our enterprise over the last 89 years has gone through the Great Depression, a World War, and several recessions including the Great Recession. We have come out stronger and more vibrant each time. We look forward &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ethan-allen-increases-quarterly-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ethan Allen Increases Quarterly Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-380323","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethan Allen Increases Quarterly Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ethan-allen-increases-quarterly-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethan Allen Increases Quarterly Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DANBURY, CT, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; Ethan Allen Interiors Inc. (\u201cEthan Allen\u201d or \u201cthe Company\u201d) (NYSE:ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per share, payable on January 21, 2021 to shareholders of record at the close of business on January 7, 2021. Farooq Kathwari, Chairman and CEO commented, \u201cWe are pleased that our Board made the decision to increase our regular quarterly dividend to $0.25, a 19% increase. These are unprecedent times. Our enterprise over the last 89 years has gone through the Great Depression, a World War, and several recessions including the Great Recession. We have come out stronger and more vibrant each time. 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