DIVIDEND ANNOUNCEMENT: Culp Inc (NYSE:CULP) on 03/03/2021 declared a dividend of $0.1100 per share

Culp Inc (NYSE:CULP) on 03/03/2021 declared a dividend of $ 0.1100 per share payable on April 16, 2021 to shareholders of record as of April 09, 2021.

Culp Inc (NYSE:CULP) has paid dividends since 1997, has a current dividend yield of 2.5611174107% and has increased its dividends for 2 successive years.

Culp Inc's market cap is $ 211,382,720 and has a PE ratio of 0.00. The stock price closed yesterday at $ 17.18 and has a 52 week low/high of $ 5.28 and $ 17.88.

Culp operates the following segments: mattress fabrics and upholstery fabrics. The mattress fabrics business markets primarily knitted and woven fabrics, as well as sewn covers made from those fabrics, which are used in the production of bedding products, including mattresses, foundations, and mattress sets. The upholstery fabrics business markets a variety of fabric products that are used principally in the production of residential and commercial upholstered furniture, including sofas, recliners, chairs, loveseats, sectionals, sofa-beds, and office seating, as well as window treatment products and installation services for customers in the hospitality and commercial industries.

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