$0.07 dividends are now a reality for Kimball International, Inc. (NASDAQ:KBAL) shareholders. Here’s why.

December 20, 2017 - By Adrian Mccoy

 $0.07 dividends are now a reality for Kimball International, Inc. (NASDAQ:KBAL) shareholders. Here's why.

Kimball International, Inc. (NASDAQ:KBAL) is expected to pay $0.07 on Jan 12, 2018. The indicated annual dividend is $0.28. Shareholders owning the stock before Dec 21, 2017 will be eligible to receive the payout. Based on Kimball International, Inc.’s current price of $18.23, the dividend is 0.38 %. This dividend’s record date is Dec 22, 2017 and the announcement date is Oct 31, 2017. The stock decreased 0.92% or $0.17 during the last trading session, reaching $18.23. About 71,872 shares traded. Kimball International, Inc. (NASDAQ:KBAL) has risen 52.87% since December 20, 2016 and is uptrending. It has outperformed by 36.17% the S&P500.

Kimball International, Inc. manufactures and sells furniture products under the Kimball, National, and Kimball Hospitality brand names in the United States and internationally. The company has market cap of $680.95 million. The firm provides office furniture, including desks, tables, seating, bookcases, and filing and storage units for federal, state, and local government offices, as well as other government related entities; and furniture solutions comprising headboards, tables, seating, vanities, and casegoods for hotel properties and mixed use developments. It has a 18.41 P/E ratio. The Company’s furniture solutions are used in collaborative and open work space areas, conference and meeting/huddle rooms, training rooms, private offices, learning areas, classrooms, lobby/reception areas, and dining/café areas with a mix of wood, metal, laminate, paint, fabric, solid surface, and plastic options.

More recent Kimball International, Inc. (NASDAQ:KBAL) news were published by: Globenewswire.com which released: “Wellness Council of Indiana Certifies Kimball International as an AchieveWELL …” on October 04, 2017. Also Globenewswire.com published the news titled: “Kimball International, Inc. Reports Fourth Quarter and Fiscal Year 2017 …” on August 02, 2017. Seekingalpha.com‘s news article titled: “Kimball International’s (KBAL) CEO Bob Schneider on Q1 2018 Results – Earnings …” with publication date: November 04, 2017 was also an interesting one.

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