Haverty (HVT) Declares $0.25 Quarterly Dividend; Approves $25M Buyback
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Haverty (NYSE: HVT) declared a quarterly dividend of $0.25 per share, or $1 annualized.
The dividend will be payable on September 8, 2021, to stockholders of record on August 23, 2021, with an ex-dividend date of August 20, 2021.
The annual yield on the dividend is 2.7 percent.
The board also approved a new authorization under its stock repurchase program that permits the company to purchase up to $25.0 million of its common stock and Class A common stock once the approximately $8.2 million remaining authorization is utilized. The company has repurchased approximately 235,000 shares of common stock for $8.6 million during the third quarter of 2021. 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 Haverty (HVT) click here.
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