Herman Miller, Inc. (NASDAQ:MLHR) will begin trading ex-dividend on November 25, 2020. The quarterly dividend payment of $ 0.1875 per share is scheduled to be paid on January 15, 2021. The dividend yield based on the latest trading day closing price was 2.04 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 25, 2020.
Dividends History
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Herman Miller, Inc. recently reported first quarter financial results on September 16, 2020, after market close, Consumer Goods, Business Equipment Manufacturer came out with income for the first quarter of $ 1.24 per share, from the revenue of $ 626.80 million. The quarterly earnings hiked 47.62 percent while revenues reduced 6.57 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.26 per share from $ 524.83 million in revenue. The bottom line results beat street analysts by $ 0.98 or 376.92 percent, at the same time, top line results outshined analysts by $ 101.97 million or 19.43 percent.
Stock Performance
Shares of Herman Miller, Inc. traded up $ 0.01 or 0.03 percent on Thursday, reaching $ 36.80 with volume of 293.00 thousand shares. Herman Miller, Inc. has traded high as $ 37.28 and has cracked $ 36.00 on the downward trend
According to the previous trading day, closing price of $ 36.80, representing a 155.66 % increase from the 52 week low of $ 14.39 and a 26.23 % decrease over the 52 week high of $ 49.87.
The company has a market capital of $ 2.17 billion and is part of the Industrials sector and Business Equipment industry.
Herman Miller, Inc. engages in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings, and related services worldwide. The company offers seating products under the Embody, Aeron, Mirra2, Setu, Sayl, Verus, Cosm, Lino, Verus, Celle, Equa, Taper, and Ergon names; and modular systems under the Canvas Office Landscape, Locale, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, Prospect, Overlay, and Resolve names.