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In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.
Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy
into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending
on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial
Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will
rise and fall in value pretty much the same amount as the Dow or S&P.
You can also buy ETFs that invest in other
types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few
years, so there is no shortage of ETFs to invest in.
Home / Markets / Industries / Retail
Tuesday, July 22, 2008
Ethan Allen Interiors Inc. Increases Regular Quarterly Dividend
Comtex
DANBURY, Conn., Jul 22, 2008 (BUSINESS WIRE) ----Ethan Allen Interiors Inc. (NYSE: ETH) (the"Company") announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per share representing an increase of 13.6% or $0.03 per share.
The regular quarterly dividend of $0.25 per share will be payable to shareholders of record as October 10, 2008 and will be paid on October 27, 2008.
The Company will release earnings for the fourth quarter and fiscal year ended June 30, 2008 before the market opens on July 23, 2008, and will host a conference call at 11:00 a.m. Eastern time with the live webcast and replay available on the Company's website at http://ethanallen.com/investors.
Ethan Allen Interiors Inc. is a leading manufacturer and retailer of quality home furnishings and a provider of interior design solutions and service through a dedicated network of 295 retail locations called design centers located in the United States and abroad, of which 158 are Company-owned. Ethan Allen has nine manufacturing facilities in the United States and one in Mexico.
SOURCE: Ethan Allen Interiors Inc.
Ethan Allen Peg Lupton, 203-743-8234
Copyright Business Wire 2008 ********************************************************************** As of Friday, 07-18-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-23-2008 for ETH @ $26.73. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
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