Hooker Furniture (HOFT) Declares $0.16 Quarterly Dividend; 3.7% Yield

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Go back to Hooker Furniture (HOFT) Declares $0.16 Quarterly Dividend; 3.7% Yield

Hooker Furniture Declares Quarterly Dividend

June 3, 2020 4:30 PM EDT

MARTINSVILLE, Va., June 03, 2020 (GLOBE NEWSWIRE) -- Hooker Furniture (Nasdaq-GS: HOFT) announced that on June 2, 2020, its board of directors declared a quarterly cash dividend of  $0.16 per share, payable on June 30, 2020, to shareholders of record at June 16, 2020. 

Weve seen steady improvement in orders and shipments since the end of our recently completed fiscal 2021 first quarter on May 3, 2020. We expect our low fixed cost business model, which served us well during the Great Recession, to help us navigate the current disruption, said Paul B. Toms, Jr., Chairman and CEO. Our cash... More