EAST GREENVILLE, Pa., May 09, 2017 (GLOBE NEWSWIRE) -- Knoll, Inc., (NYSE:KNL), a leading designer and manufacturer of branded furniture, textiles, leathers and architectural and acoustical elements, recognized for innovation and modern design, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.15 per share payable June 30, 2017 to shareholders of record on June 15, 2017.
The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements and other factors deemed relevant by our Board of Directors.
Knoll, Inc. is a constellation of design-driven brands and people, working together with our clients to create inspired modern interiors. Our internationally recognized portfolio includes furniture, textiles, leathers, accessories, and architectural and acoustical elements brands. These brands — Knoll Office, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck | FilzFelt, Edelman Leather, HOLLY HUNT, and DatesWeiser — reflect our commitment to modern design that meets the diverse requirements of high performance workplaces and luxury interiors. A recipient of the National Design Award for Corporate and Institutional Achievement from the Smithsonian`s Cooper-Hewitt, National Design Museum, Knoll, Inc. is aligned with the U.S. Green Building Council and the Canadian Green Building Council and can help organizations achieve the Leadership in Energy and Environmental Design (LEED) workplace certification. Knoll, Inc. is the founding sponsor of the World Monuments Fund Modernism at Risk program.
Investors: Craig B. Spray Senior Vice President and Chief Financial Officer Tel 215 679-1752 email@example.com Media: David E. Bright Senior Vice President, Communications Tel 212 343-4135 firstname.lastname@example.org