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Ennis, Inc. Declares Quarterly Dividend

ENNIS (EBF)  More Company Research Source: Business Wire
US:NYSE Investor Relations: ennis.com/about/investor-relations
PDF MIDLOTHIAN, Texas--(BUSINESS WIRE)-- Keith S. Walters, Chairman, President and Chief Executive Officer of Ennis, Inc. (NYSE: EBF), a manufacturer of business forms and other business products headquartered in Midlothian, Texas, announced today that the Board of Directors has increased the quarterly dividend to twenty cents ($0.20) per share from seventeen and one half cents ($0.175) per share on its common stock, or an increase of 14.3%. “This is not a special dividend, but should be reflective of future quarterly amounts subject to the Board’s normal review process,” noted Mr. Walters. He went on to say that the Board took this action after taking into account the Company’s current cash position, debt level, and anticipated cash flows and that this, along with the Company’s continued strategic repurchase of its shares and the continuing focus on accretive acquisitions, will reward our shareholders with greater retur [Read more]

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