Culp, inc. announces quarterly dividend, payable on january 17, 2020

Culp, inc. announced that the board of directors approved a 5% increase in the company's quarterly cash dividend to 10.5 cents per share, or 42 cents per share on an annualized basis, marking the seventh straight year of increasing the annual dividend. the next quarterly payment will be made on january 17, 2020, to shareholders of record as of january 8, 2020.
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