Knoll Declares Cash Dividend
- 51
East Greenville, PA, December 6, 2016 -- Knoll, Inc., (NYSE:KNL), a leading manufacturer of branded furniture, textiles and leathers recognized for innovation and modern design, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.15 per share payable December 30, 2016 to shareholders of record on December 16, 2016.
The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements and other factors deemed relevant by our Board of Directors.
About Knoll
Knoll Inc. is a constellation of design-driven brands and people, working together with our clients to create inspired modern interiors. Our internationally recognized portfolio includes furniture, textiles, leathers, accessories, and architectural and acoustical elements brands. These brands - Knoll Office, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck | FilzFelt, Edelman Leather, and HOLLY HUNT - reflect our commitment to modern design that meets the diverse requirements of high performance workplaces and luxury interiors. A recipient of the National Design Award for Corporate and Institutional Achievement from the Smithsonian`s Cooper-Hewitt, National Design Museum, Knoll Inc. is aligned with the U.S. Green Building Council and the Canadian Green Building Council and can help organizations achieve Leadership in Energy and Environmental Design (LEED) workplace certification. Knoll Inc. is the founding sponsor of the World Monuments Fund Modernism at Risk program.
Investors:
Craig B. Spray
Senior Vice President and Chief Financial Officer
Tel 215 679-1752
[email protected]
Media:
David E. Bright
Senior Vice President, Communications
Tel 212 343-4135
[email protected]
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Knoll, Inc. via Globenewswire
GlobeNewswire Europe, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
