DIVIDEND ANNOUNCEMENT: Culp Inc (NYSE:CULP) on 12/01/2021 declared a dividend of $0.1150 per share

Culp Inc (NYSE:CULP) on 12/01/2021 declared a dividend of $ 0.1150 per share payable on January 19, 2022 to shareholders of record as of January 11, 2022. Dividend amount recorded is an increase of $ 0.005 from last dividend Paid.

Culp Inc (NYSE:CULP) has paid dividends since 1997, has a current dividend yield of 4.3355326653% and has increased its dividends for 2 successive years.

Culp Inc's market cap is $ 129,473,830 and has a PE ratio of 16.08. The stock price closed yesterday at $ 10.61 and has a 52 week low/high of $ 10.11 and $ 17.88.

Culp manufactures, sources, and markets mattress fabrics and sewn covers used covering mattresses and foundations and other bedding products; and upholstery fabrics, including cut and sewn kits, primarily used in the production of upholstered furniture. Co. has two operating segments: mattress fabrics, which markets primarily knitted and woven fabrics, as well as sewn covers made from those fabrics, which are used in the production of bedding products; and upholstery fabrics, which markets a variety of fabric products that are used principally in the production of residential and commercial upholstered furniture, including sofas, chairs, loveseats, sectionals, sofa-beds, and office seating.

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