Interface Increases Regular Quarterly Dividend
InterfaceInterface(US:TILE) Businesswire·2026-02-24 10:35

Core Viewpoint - Interface, Inc. has announced an increase in its regular quarterly cash dividend from $0.02 to $0.03 per share, reflecting confidence in the business and commitment to shareholder value creation [1] Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.03 per share, payable on April 10, 2026, to shareholders of record as of March 27, 2026 [1] - This marks the second dividend increase within the past six months, indicating a focus on disciplined capital allocation [1] Company Overview - Interface, Inc. is recognized as a global leader in flooring and sustainability, with a product portfolio that includes carpet tiles, rubber flooring, and premium area rugs [1] - The company emphasizes innovation that combines design, performance, and sustainability, aiming to become carbon negative by 2040 without the use of offsets [1] Financial Performance - In the fourth quarter of 2025, Interface reported net sales of $349 million, representing a year-over-year increase of 4.3%, and a 1.6% increase on a currency-neutral basis [1] - The company generated $49 million in cash from operations and repaid $128 million of debt during the same period [1]

Interface Increases Regular Quarterly Dividend - Reportify