Hooker Furniture (HOFT) Raises Quarterly Dividend 11.1% to $0.20; 3.2% Yield

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Hooker Furnishings Declares Increased Quarterly Dividend

December 8, 2021 6:00 AM EST

MARTINSVILLE, Va., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on December 7, 2021, its board of directors declared a quarterly cash dividend of $0.20 per share, payable on December 31, 2021 to shareholders of record at December 17, 2021. This represents a 11.1% increase over the previous quarterly dividend and the sixth consecutive annual dividend increase.

Hooker Furnishings Corporation, in its 98th year of business, is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture and fabric-upholstered furniture for the residential, hospitality and contract markets. The Company also domestically manufactures... More