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Culp, Inc. (CFI) Ex-Dividend Date Scheduled for December 17, 2012

Posted
12/13/2012 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:AIN;CFI;UFI

Culp, Inc. ( CFI ) has announced an ex-dividend date of December 17, 2012 and a cash dividend payment of $0.53 per share scheduled for December 28, 2012. Shareholders who purchased CFI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1666.67% increase over the prior quarter. At the current stock price of $14.59, the dividend yield is 14.53%.

The previous trading day's last sale of CFI was $14.59, representing a -1.15% decrease from the 52 week high of $14.76 and a 90.22% increase over the 52 week low of $7.67.

CFI is a part of the Basic Industries sector, which includes companies such as Albany International Corporation ( AIN ) and Unifi, Inc. ( UFI ). CFI's current earnings per share, an indicator of a company's profitability, is $1.36. Zacks Investment Research reports CFI's forecasted earnings growth in 2013 as 30.56%, compared to an industry average of 9.8%.

For more information on the declaration, record and payment dates, visit the CFI Dividend History page.