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Culp, Inc. (CFI) Ex-Dividend Date Scheduled for June 27, 2013

Posted
6/26/2013 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:AIN;CFI;UFI

Culp, Inc. ( CFI ) will begin trading ex-dividend on June 27, 2013. A cash dividend payment of $0.04 per share is scheduled to be paid on July 15, 2013. Shareholders who purchased CFI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.33% increase over the prior quarter. At the current stock price of $17.12, the dividend yield is .93%.

The previous trading day's last sale of CFI was $17.12, representing a -8.01% decrease from the 52 week high of $18.61 and a 77.41% increase over the 52 week low of $9.65.

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 $1.48. Zacks Investment Research reports CFI's forecasted earnings growth in 2014 as 2.86%, compared to an industry average of 19.7%.

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