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Is Ethan Allen dividend a sound business strategy or an attempt to win shareholder votes?
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Is Ethan Allen dividend a sound business strategy or an attempt to win shareholder votes?
Activist shareholder Doug Bergeron calls dividend a distraction and a deflection DANBURY, Conn. — By now you have probably read or heard of Ethan Allen’s “special cash dividend” of $3 per share announced late last week, a decision framed by the company as a “disciplined capital allocation strategy” and evidence of a “focus on creating sustainable value for all shareholders,” according to the press release from the company. You have also probably…
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