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Kimball International, Inc. Holds Annual Meeting of Shareholders and Declares Dividend

JASPER, Ind., Oct. 22, 2019 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL)

At the 2019 Annual Meeting of Shareholders of Kimball International, Inc. (Nasdaq: KBAL), the following nominees were elected to serve on the Board of Directors: Patrick E. Connolly and Kimberly K. Ryan.  Each received a majority of votes cast, and each will serve a term of three years until the 2022 meeting of shareholders, or until their respective successors have been duly elected and qualified.  Shareholders approved the non-binding advisory vote on compensation for executives (“Say on Pay”).  Shareholders also ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2020.

The Board of Directors of Kimball International, Inc. held a Board meeting during which they declared a quarterly dividend of nine cents ($0.09) per share for all outstanding shares of common stock payable January 15, 2020, to shareholders of record on December 20, 2019.

About Kimball International, Inc.

For over 65 years, Kimball International has created design driven furnishings that have helped our customers shape spaces into places, bringing possibility to life by enabling collaboration, discovery, wellness and relaxation. We go to market through our family of brands: Kimball, National, Kimball Hospitality, David Edward and D’style by Kimball Hospitality. Our values and high integrity are demonstrated daily by living our Purpose and Guiding Principles that establish us as an employer of choice. We build success by growing long-term relationships with customers, employees, suppliers, shareholders and the communities in which we operate. In fiscal 2019, the Company generated $768 million in revenue and employed over 3,000 people. To learn more about Kimball International, Inc. (NASDAQ: KBAL), visit www.kimballinternational.com.

For additional information contact:

Dennis Gerber
mail to: Dennis.Gerber@KimballInternational.com

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