North Bergen, New Jersey 2/17/2010 5:49:23 AM
News / Business

Leading the Hottest Picks today is Kimball International Inc.

Steady Quarterly Dividends make Kimball the Stock to Watch.

As a Leading Provider to its Members as well as The Market Community with the Hottest Topics, Exclusive Information, Pinnacle Stock Picks, and Market Moving News, Wall Street Grand would like to notify its readers about the Latest Information dealing with Kimball International Inc. (NASDAQ:KBALB) Fourth Quarter Earnings … Discovery Communications Inc, trades on the “NASDAQ” under the Stock Symbol,”KBALB”. For the Latest information regarding “KBALB”, make sure to visit the Most Exclusive and In Depth newsletter website at:   http://www.wallstreetgrand.com/.

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The Board of Directors of Kimball International, Inc.(NASDAQ:KBALB) has declared a quarterly dividend of 5 cents per share on Class B Common Stock and 4.5 cents per share on Class A Common Stock payable April 15, 2010, to Share Owners of record on March 25, 2010.

 About Kimball International Inc:

Kimball International, Inc. manufactures and sells electronic assemblies and furniture in the United States and internationally. The company’s Electronic Manufacturing Services segment produces and sells electronics and electro-mechanical products. Its engineering and manufacturing services include the insertion and attachment of microchips and other electronic capacitors, and conductors onto multi-layered circuit boards; production and assembly of wiring harnesses and other electronic equipment into subassemblies or final products; testing of products under various conditions; and assembling and packaging of electronic and other related products. This segment serves customers in the medical, automotive, industrial controls, and public safety industries. The company’s Furniture segment produces wood furniture and cabinets. The company provides office furniture solutions, including desks and credenzas, seating, tables, systems/dividers, filing and storage units, and accessories, such as audio visual boards and task lighting for private offices, open floor plan areas, conference rooms, training rooms, lobby, and lounge areas under the Kimball Office and National Office Furniture brand names. It also offers furniture solutions headboards, desks, tables, dressers, entertainment centers, chests, wall panels, upholstered seating, task seating, and vanities for hotel properties, condominiums, and mixed use developments under the Kimball Hospitality brand name. This segment sells its office furniture through salespersons to end users, office furniture dealers, wholesalers, rental companies, and catalog houses; and hospitality furniture through independent manufacturers’ representatives. The company was incorporated in 1939 and is headquartered in Jasper, Indiana.

 

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 This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

 

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