Hooker Furniture (HOFT) Raises Quarterly Dividend 20% to $0.12; 1.7% Yield

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Go back to Hooker Furniture (HOFT) Raises Quarterly Dividend 20% to $0.12; 1.7% Yield

Hooker Furniture Declares Increased Quarterly Dividend

November 29, 2016 4:10 PM EST

MARTINSVILLE, Va., Nov. 29, 2016 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ: HOFT) announced that on November 28, 2016, its board of directors declared a quarterly cash dividend of $0.12 per share, payable on December 30, 2016 to shareholders of record at December 15, 2016. This represents a 20% increase over the previous quarterly dividend. 

Hooker Furniture Corporation is a residential wood, metal and upholstered furniture resource in its 93rd year of business.  Its February 2016 acquisition of the business of Home Meridian... More