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From Home Furnishing Business
Havertys Announces Quarterly and Special Cash Dividend
November 12,
2023 by HFBusiness Staff in Business Strategy, Industry
HAVERTYS announced that its board of directors authorized a special cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $1.00 per share on the common stock and $0.95 per share on the Class A common stock.
The board also approved the payment of the quarterly cash dividend of $0.30 per share on the common stock and $0.28 per share on the Class A common stock.
The special cash dividend and regular quarterly dividend will be paid together on December 13 to stockholders of record at the close of business on Nov 28. Havertys has paid a cash dividend in each year since 1935.
Havertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 124 showrooms in 16 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges.