Hooker Furniture (HOFT) Raises Quarterly Dividend 4.5% to $0.23; 4.5% Yield

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Hooker Furnishings Declares Increased Quarterly Dividend

December 5, 2023 4:01 PM EST

MARTINSVILLE, Va., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on December 5, 2023, its board of directors declared a quarterly cash dividend of $0.23 per share, payable on December 29, 2023 to shareholders of record at December 15, 2023. This represents a $0.01 per share or 4.5% increase over the previous quarterly dividend and the eighth consecutive annual dividend increase.

Hooker Furnishings Corporation, in its 99th year of business, is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture, fabric-upholstered furniture, lighting, accessories, and home décor for the residential, hospitality and... More