MIDLOTHIAN, Texas - Ennis, Inc. (NYSE: NYSE:EBF), a leading manufacturer of business forms and other business products, has declared a quarterly cash dividend of $0.25 per share. This announcement was made today by Keith S. Walters, the Chairman, President, and Chief Executive Officer of the company. The dividend is slated for payment on May 6, 2024, to shareholders who are on record as of April 15, 2024.
Ennis, Inc., founded in 1909 and headquartered in Midlothian, Texas, operates as one of the largest suppliers of private-label printed business products in the United States. With a wide array of products that include business forms, printed and electronic media, integrated forms, labels, and other custom products, Ennis serves a national network of distributors. The company's facilities are strategically located across the country to optimize service and distribution.
The dividend declaration follows Ennis's established pattern of sharing profits with its shareholders and reflects the company's commitment to providing value to its investors. Dividends are a way for companies to distribute a portion of their earnings back to shareholders, and the amount declared can be an indicator of a company's financial health and stability.
Investors and market watchers often view regular dividend payments as a sign of a company's positive performance and management's confidence in its financial position. Ennis, Inc.'s consistent dividend payments highlight the company's financial management and its strategy to maintain a steady return to its shareholders.
This financial news is based on a press release statement from Ennis, Inc. The company's stock is publicly traded on the New York Stock Exchange under the ticker symbol EBF. Shareholders and those interested in the company's financial practices may find this dividend declaration as a noteworthy aspect of their investment considerations.
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