Culp Declares Regular Quarterly Dividend.Business Editors HIGH POINT, N.C.--(BUSINESS WIRE)--Dec. 12, 2000 Culp, Inc. (NYSE NYSE See: New York Stock Exchange :CFI CFI abbr. cost, freight, and insurance ) today announced that its board of directors declared a regular quarterly dividend of $0.035 per share (three and one-half cents) on the Company's common stock. The dividend is payable January 9, 2001 to shareholders of record on December 26, 2000. Culp, Inc. is one of the world's largest marketers of upholstery upholstery, general term for household fittings, hangings, curtains, cushions, and covers. It refers to stuffed, padded, and spring-cushioned furniture, such as chairs and sofas, or to the usually decorative materials and fabrics that cover them. fabrics for furniture and is a leading marketer of mattress ticking ticking a coat color pigmentation pattern in which hairs of one color are distributed in small groups throughout the background color, e.g. Australian cattle dog. Called also speckling. for bedding. The Company's fabrics are used primarily in the production of residential and commercial furniture and bedding products. |
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