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Readers hoping to buy Knoll, Inc. ( NYSE:KNL ) for its dividend will need to make their move shortly, as the stock is...
Knoll (previously Knoll Inc.; now a subsidiary brand of MillerKnoll, Inc.) is an American company that manufactures office systems, seating, storage systems, tables, desks, textiles, and accessories for the home, office, and higher education. [2]
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The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held.
The designs were initially entitled the 'Pedestal Group' before Saarinen and Knoll settled on the more organic sounding 'Tulip chair' to mirror its inspiration from nature. [3] It was designed primarily as a chair to match the complementary dining table. The chair has the smooth lines of modernism and was experimental with materials for its time.
Dividend stripping is the practice of buying shares a short period before a dividend is declared, called cum-dividend, and then selling them when they go ex-dividend, when the previous owner is entitled to the dividend. On the day the company trades ex-dividend, theoretically the share price drops by the amount of the dividend.