Hooker Furniture Declares Quarterly Dividend
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Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 3.9%
Revenue Growth %: -4.3%
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MARTINSVILLE, Va., March 10, 2015 (GLOBE NEWSWIRE) -- Hooker Furniture (Nasdaq: HOFT) announced that on March 10, 2015, its board of directors declared a quarterly cash dividend of $0.10 per share, payable on April 3, 2015, to shareholders of record at March 20, 2015.
Ranked among the nation's top 10 largest publicly traded furniture sources based on 2013 shipments to U.S. retailers, Hooker Furniture Corporation is a residential wood, metal and upholstered furniture resource in its 90th year of business. Major casegoods product categories include home entertainment, home office, accent, dining, and bedroom furniture in the upper-medium price points sold under the Hooker Furniture brand. Hooker's residential upholstered seating product lines include Bradington-Young, a specialist in upscale motion and stationary leather furniture, Sam Moore Furniture, a specialist in upscale occasional chairs, settees, sofas and sectional seating with an emphasis on cover-to-frame customization, and Hooker Upholstery, imported leather upholstered furniture targeted at the upper-medium price-range. The Homeware product line offers direct-to-consumer, customer-assembled, modular upholstered and casegoods products designed for younger and more mobile furniture customers. The H Contract product line supplies upholstered seating and casegoods to upscale senior living facilities. Please visit our websites hookerfurniture.com, bradington-young.com, sammoore.com, homeware.com, and hcontractfurniture.com.
CONTACT: For more information, contact: Paul B. Toms Jr. Chairman and Chief Executive Officer Hooker Furniture Corporation 276.632.6133 or Paul Huckfeldt Senior Vice-President & Chief Financial Officer 276.632.2133Source: Hooker Furniture Corporation
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