STANLEYTOWN, Va., Jan. 29 /PRNewswire-FirstCall/ -- Stanley Furniture
Company, Inc. (Nasdaq: STLY) announced today that its Board of Directors
has approved a 25% increase in its quarterly cash dividend to $.10 per
share payable on March 5, 2007 to shareholders of record on February 16,
2007.
Established in 1924, Stanley Furniture Company, Inc. is a leading
manufacturer of wood furniture targeted at the upper-medium price range of
the residential market. Manufacturing facilities are located in Stanleytown
and Martinsville, Va. and Robbinsville and Lexington, N.C. Its common stock
is traded on the Nasdaq stock market under the symbol STLY.
SOURCE Stanley Furniture Company, Inc.
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Related links:
http://www.stanleyfurniture.com
http://www.prnewswire.com/comp/117677.html /
CONTACT:
Douglas I. Payne, Executive Vice President -
Finance and Administration, +1-276-627-2157,
dpayne@stanleyfurniture.com, or Robin W. Campbell, Manager -
Advertising and Marketing Services, +1-276-627-2245,
rcampbell@stanleyfurniture.com, both of Stanley Furniture
Company, Inc.
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