Knoll Declares Cash Dividend

Wednesday, 7 August, 2019

Knoll, Inc., (NYSE:KNL), a leading designer and manufacturer of furnishings and coverings for the workplace and home, today announced that the Company’s Board of Directors declared a quarterly cash dividend to $0.17 per share payable September 30, 2019 to shareholders of record on September 16, 2019.

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.

 

Steelcase Inc. (NYSE:SCS) Expected to Post Quarterly Sales of $980.75 Million

Sunday, 4 August, 2019

Brokerages expect Steelcase Inc. (NYSE:SCS) to post $980.75 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Steelcase’s earnings, with the lowest sales estimate coming in at $980.70 million and the highest estimate coming in at $980.80 million. Steelcase reported sales of $875.80 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 12%. The business is scheduled to announce its next quarterly earnings report on Thursday, September 19th.

 

Louisiana State Employees Retirement System Sells 800 Shares of Herman Miller, Inc.

Sunday, 4 August, 2019

Louisiana State Employees Retirement System trimmed its holdings in shares of Herman Miller, Inc. (NASDAQ:MLHR) by 5.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,000 shares of the business services provider’s stock after selling 800 shares during the period. Louisiana State Employees Retirement System’s holdings in Herman Miller were worth $666,000 as of its most recent filing with the SEC.