Hooker Furniture (HOFT) Raises Quarterly Dividend 10% to $0.22; 5.2% Yield

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Hooker Furnishings Declares Increased Quarterly Dividend

December 6, 2022 4:00 PM EST

MARTINSVILLE, Va., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on December 5, 2022, its board of directors declared a quarterly cash dividend of $0.22 per share, payable on December 30, 2022 to shareholders of record at December 16, 2022. This represents a 10% increase over the previous quarterly dividend and the seventh 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 premium... More