MillerKnoll, Inc. (NASDAQ:MLKN) Declares Quarterly Dividend of $0.19

MillerKnoll, Inc. (NASDAQ:MLKN) announced a quarterly dividend on Tuesday, January 13th. Stockholders of record on Saturday, February 28th will be given a dividend of 0.1875 per share on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, February 27th.

MillerKnoll has raised its dividend by an average of 0.0%per year over the last three years. MillerKnoll has a dividend payout ratio of 31.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect MillerKnoll to earn $2.70 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 27.8%.

MillerKnoll Stock Performance

NASDAQ:MLKN traded down $0.66 during trading hours on Wednesday, reaching $20.53. 133,807 shares of the company’s stock were exchanged, compared to its average volume of 496,984. MillerKnoll has a 1-year low of $13.77 and a 1-year high of $23.18. The company has a quick ratio of 0.95, a current ratio of 1.66 and a debt-to-equity ratio of 1.02. The company has a 50-day moving average of $19.91 and a 200 day moving average of $18.51. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of -52.74, a P/E/G ratio of 0.92 and a beta of 1.33.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings results on Wednesday, December 17th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.03. MillerKnoll had a positive return on equity of 10.32% and a negative net margin of 0.68%.The company had revenue of $955.20 million during the quarter, compared to the consensus estimate of $943.13 million. During the same quarter last year, the business posted $0.55 earnings per share. MillerKnoll’s revenue was down 1.6% compared to the same quarter last year. MillerKnoll has set its Q3 2026 guidance at 0.420-0.480 EPS. Research analysts anticipate that MillerKnoll will post 2.12 EPS for the current year.

About MillerKnoll

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.