MillerKnoll, Inc. (NASDAQ:MLKN) Plans Quarterly Dividend of $0.19

MillerKnoll, Inc. (NASDAQ:MLKN) announced a quarterly dividend on Wednesday, January 22nd,Wall Street Journal reports. Shareholders of record on Saturday, March 1st will be paid a dividend of 0.1875 per share on Tuesday, April 15th. This represents a $0.75 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date is Friday, February 28th.

MillerKnoll Trading Down 0.5 %

MLKN opened at $22.02 on Thursday. MillerKnoll has a 52 week low of $20.89 and a 52 week high of $31.73. The company has a quick ratio of 0.99, a current ratio of 1.60 and a debt-to-equity ratio of 1.02. The business has a fifty day simple moving average of $23.48 and a 200-day simple moving average of $25.50. The firm has a market cap of $1.50 billion, a P/E ratio of 24.20, a P/E/G ratio of 0.87 and a beta of 1.23.

MillerKnoll (NASDAQ:MLKN) last released its earnings results on Wednesday, December 18th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.01. The company had revenue of $970.40 million during the quarter, compared to the consensus estimate of $959.60 million. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. MillerKnoll’s revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 EPS. On average, equities analysts expect that MillerKnoll will post 2.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of MillerKnoll from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th.

MillerKnoll Company Profile

MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.