Kimball Keeps Dividend Steady

The electronics components and furniture maker has made the same payout to investors since 2009.

By Rich Duprey – Aug 13, 2013 at 9:54PM EST

Electronics components and furniture Kimball International (Nasdaq: KBALA) (KBALB +0.00%) announced today its third-quarter dividend of $0.045 per share on its Class A shares and $0.05 per share on its Class B shares. Those are the same rates it's paid since 2009 on both classes of stock .

The board of directors said the quarterly dividend is payable on October 15 to holders of record at the close of business on September 25. The regular dividend payment equates to a $0.18-per-share annual dividend on the Class A shares, yielding 4.2%, and $0.20-per-share annual dividend on the Class B shares, yielding 1.8% based on the closing price today of Kimball International's stock.

KBALB Dividend data by YCharts.

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though not enjoyed all at the same time...usually), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Have a story idea? Contact Rich here. I may not be able to respond to every suggestion, but I do read them all! Does an article needs a correction? Reach Rich here.

TMFCop

Kimball Keeps Dividend Steady

Read Next

About the Author

Stocks Mentioned

Premium Investing Services