Interface, Inc. (NASDAQ:TILE) will begin trading ex-dividend on December 3, 2020. The quarterly dividend payment of $ 0.01 per share is scheduled to be paid on December 18, 2020. The dividend yield based on the latest trading day closing price was 0.48 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of December 3, 2020.
Dividends History
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Interface, Inc. recently reported third quarter financial results on November 6, 2020, before market open, the Atlanta based company disclosed income for the third quarter of $ 0.28 per share, from the revenue of $ 278.64 million. The quarterly earnings dropped 40.43 percent while revenues reduced 20.01 percent compared with the same quarter last year.
Street analysts expected Interface, Inc. recently reported third quarter financial results on November 6, 2020, before market open, the Atlanta based company to report income of $ 0.20 per share on revenue of $ 272.63 million for the third quarter. The bottom line results beat street analysts by $ 0.08 or 40.00 percent, at the same time, top line results outshined analysts by $ 6.01 million or 2.20 percent.
Stock Performance
Shares of Interface, Inc. traded low $ -0.08 or -0.90 percent on Tuesday, reaching $ 8.27 with volume of 527.70 thousand shares. Interface, Inc. has traded high as $ 8.84 and has cracked $ 8.20 on the downward trend
According to the previous trading day, closing price of $ 8.27, representing a 65.02 % increase from the 52 week low of $ 5.06 and a 52.77 % decrease over the 52 week high of $ 17.68.
The company has a market capital of $ 485.20 million and is part of the Consumer Cyclical sector and Textile Manufacturing industry.
Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company offers modular carpets under the Interface and FLOR names; carpet tiles under the GlasBacRE name for use in commercial interiors, including offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; modular resilient flooring products; rubber flooring under the norament and noraplan brands; and luxury vinyl tile products. It also produces and sells an adapted version of its carpet tile for the healthcare facilities market; and two-meter roll goods that are structure-backed for use in education, healthcare, and government markets, as well as carpet replacement, installation, and maintenance services.
