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

MillerKnoll, Inc. (NASDAQ:MLKN – Get Free Report) declared a quarterly dividend on Tuesday, July 14th. Investors of record on Saturday, August 29th will be paid a dividend of 0.1875 per share on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Friday, August 28th.

MillerKnoll has increased its dividend payment by an average of 0.1%annually over the last three years. MillerKnoll has a dividend payout ratio of 31.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect MillerKnoll to earn $2.40 per share next year, which means the company should continue to be able to cover its $0.75 annual dividend with an expected future payout ratio of 31.2%.

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MillerKnoll Stock Up 0.3%

NASDAQ:MLKN opened at $23.24 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 0.90 and a debt-to-equity ratio of 0.94. The company’s 50 day moving average is $21.47 and its two-hundred day moving average is $18.83. MillerKnoll has a twelve month low of $13.77 and a twelve month high of $24.71. The company has a market cap of $1.58 billion, a PE ratio of 17.61, a P/E/G ratio of 0.96 and a beta of 1.36.

MillerKnoll (NASDAQ:MLKN – Get Free Report) last issued its earnings results on Wednesday, June 24th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. MillerKnoll had a return on equity of 9.77% and a net margin of 2.38%.The company had revenue of $1 billion during the quarter, compared to analyst estimates of $973.87 million. During the same quarter last year, the business posted $0.60 EPS. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q1 2027 guidance at 0.330-0.390 EPS. Analysts anticipate that MillerKnoll will post 2.02 EPS for the current year.

MillerKnoll Company Profile

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MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.

Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.

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