Haverty Furniture Companies, Inc. (NYSE:HVT.A) to Issue Dividend Increase – $0.30 Per Share

Haverty Furniture Companies, Inc. (NYSE:HVT.A) announced a quarterly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Friday, May 24th will be given a dividend of 0.30 per share on Friday, June 14th. This represents a $1.20 annualized dividend and a yield of 4.28%. The ex-dividend date is Thursday, May 23rd. This is a positive change from Haverty Furniture Companies’s previous quarterly dividend of $0.28.

Haverty Furniture Companies Price Performance

Haverty Furniture Companies stock traded down $4.44 during mid-day trading on Thursday, reaching $28.01. The stock had a trading volume of 527 shares, compared to its average volume of 341. Haverty Furniture Companies has a one year low of $26.10 and a one year high of $40.00. The company has a 50-day moving average price of $32.76 and a two-hundred day moving average price of $32.80. The company has a market capitalization of $452.36 million, a price-to-earnings ratio of 9.69 and a beta of 1.28.

Haverty Furniture Companies (NYSE:HVT.A) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.89 earnings per share for the quarter. The firm had revenue of $210.74 million for the quarter.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Sealy, Tempur-Pedic, and Serta names, as well as private label Skye name.