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Kimball International (KBAL) will raise its quarterly dividend by 16.7 percent to $0.07 per share. The new dividend is payable October 13, 2017 to shareholders of record on September 25, 2017.

Kimball International, Inc. creates design driven, innovative furnishings sold through the Kimball, David Edward, National, D'style and Kimball Hospitality brands. The company offers solutions for the workplace, learning, healing, and hospitality environments. Kimball International also offers several products designed specifically for the healthcare market, such as patient room and lounge seating and casegoods. Kimball was established in 1950 and is headquartered in Jasper, Indiana.