Hooker Furniture (HOFT) Raises Quarterly Dividend 12.5% to $0.18; 2.3% Yield

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Go back to Hooker Furniture (HOFT) Raises Quarterly Dividend 12.5% to $0.18; 2.3% Yield

Hooker Furniture Declares Increased Quarterly Dividend

December 2, 2020 5:30 PM EST

MARTINSVILLE, Va., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) announced that on December 2, 2020, its board of directors declared a quarterly cash dividend of $0.18 per share, payable on December 31, 2020 to shareholders of record at December 16, 2020. This represents a 12.5% increase over the previous quarterly dividend and the fifth consecutive annual dividend increase.

Hooker Furniture Corporation, in its 97th year of business, is a designer, marketer and importer of casegoods (wooden and metal furniture), leather-and fabric-upholstered furniture for the residential, hospitality and contract markets. The Company also domestically manufactures premium... More