MillerKnoll, Inc. (MLKN) To Go Ex-Dividend on February 28th

MillerKnoll, Inc. (NASDAQ:MLKN) declared 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 3.35%. The ex-dividend date is Friday, February 28th.

MillerKnoll Trading Up 1.6 %

MLKN opened at $22.38 on Friday. The firm has a 50 day simple moving average of $23.48 and a 200 day simple moving average of $25.50. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 0.99. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 0.87 and a beta of 1.23. MillerKnoll has a fifty-two week low of $20.89 and a fifty-two week high of $31.73.

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

Analyst Ratings Changes

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

About MillerKnoll

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.