Culp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in the United States, North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and top of bed components. The Upholstery Fabrics segment provides jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane fabrics for use in the production of residential and commercial upholstered furniture, such as sofas, recliners, chairs, loveseats, sectionals, and sofa-beds, as well as office seating and window treatment products; and installation services for customers in the hospitality and commercial industries. Culp, Inc. was founded in 1972 and is headquartered in High Point, North Carolina.
Culp Dividend Announcement
• Culp announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2022-04-19. Ex dividend date: 2022-04-08
• Culp's trailing twelve-month (TTM) dividend yield is -%
Culp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-04-08 | $0.12 | quarterly | 2022-04-19 |
2022-01-10 | $0.12 | quarterly | 2022-01-19 |
2021-10-07 | $0.11 | quarterly | 2021-10-18 |
2021-07-08 | $0.11 | quarterly | 2021-07-16 |
2021-04-08 | $0.11 | quarterly | 2021-04-16 |
2021-01-07 | $0.11 | quarterly | 2021-01-18 |
2020-10-07 | $0.10 | quarterly | 2020-10-15 |
2020-07-09 | $0.10 | quarterly | 2020-07-17 |
2020-04-06 | $0.10 | quarterly | 2020-04-15 |
2020-01-07 | $0.10 | quarterly | 2020-01-17 |
2019-10-03 | $0.10 | quarterly | 2019-10-15 |
2019-07-03 | $0.10 | quarterly | 2019-07-16 |
2019-03-29 | $0.10 | quarterly | 2019-04-15 |
2018-12-31 | $0.10 | quarterly | 2019-01-16 |
2018-09-28 | $0.09 | quarterly | 2018-10-15 |
2018-06-29 | $0.09 | quarterly | 2018-07-16 |
2018-03-29 | $0.09 | quarterly | 2018-04-16 |
2017-12-29 | $0.09 | quarterly | 2018-01-16 |
2017-09-29 | $0.08 | quarterly | 2017-10-16 |
2017-06-29 | $0.29 | quarterly | 2017-07-17 |
2017-03-30 | $0.08 | quarterly | 2017-04-17 |
2016-12-29 | $0.08 | quarterly | 2017-01-17 |
2016-09-29 | $0.07 | quarterly | 2016-10-17 |
2016-06-29 | $0.28 | quarterly | 2016-07-15 |
2016-03-30 | $0.07 | quarterly | 2016-04-15 |
2015-12-30 | $0.07 | quarterly | 2016-01-18 |
2015-09-29 | $0.06 | quarterly | 2015-10-15 |
2015-06-29 | $0.46 | quarterly | 2015-07-15 |
2015-03-30 | $0.06 | quarterly | 2015-04-15 |
2014-12-30 | $0.06 | quarterly | 2015-01-16 |
2014-09-29 | $0.05 | quarterly | 2014-10-15 |
2014-06-27 | $0.45 | quarterly | 2014-07-15 |
2014-03-28 | $0.05 | quarterly | 2014-04-15 |
2014-01-02 | $0.05 | quarterly | 2014-01-20 |
2013-09-27 | $0.04 | quarterly | 2013-10-15 |
2013-06-27 | $0.04 | quarterly | 2013-07-15 |
2013-03-27 | $0.03 | quarterly | 2013-04-15 |
2012-12-17 | $0.53 | quarterly | 2012-12-28 |
2012-09-27 | $0.03 | quarterly | 2012-10-15 |
2012-06-28 | $0.03 | quarterly | 2012-07-16 |
2000-12-21 | $0.04 | quarterly | 2001-01-09 |
2000-10-05 | $0.04 | quarterly | 2000-10-24 |
2000-06-30 | $0.04 | quarterly | 2000-07-19 |
2000-03-31 | $0.04 | quarterly | 2000-04-18 |
Culp Dividend per year
Culp Dividend growth
Culp Dividend Yield
Culp current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Culp stock? Use our calculator to estimate your expected dividend yield:
Culp Financial Ratios
Culp Dividend FAQ
Other factors to consider when evaluating Culp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Culp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Culp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Culp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Culp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Culp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Culp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Culp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Culp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Culp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.