Havertys (HVT) Declares $0.10 Quarterly Dividend; Approves $100M Common Stock Buyback Plan

Havertys (NYSE: HVT) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.

The dividend will be payable on December 11, 2015, to stockholders of record on November 25, 2015, with an ex-dividend date of November 23, 2015.

The annual yield on the dividend is 1.7 percent.

The board also approved a new stock repurchase program that authorizes the company to purchase up to $10.0 million of its common stock and Class A common stock. The company has a remaining authorization to buy approximately $1.3 million under a previously approved program. Shares may be repurchased, at the company’s discretion, from time-to-time in the open market or in privately negotiated transactions.

For a dividend history and other dividend-related data on Havertys (HVT) click here.

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