HNI Corporation Announces Quarterly Dividend

Rhea-AI Summary

HNI Corporation (NYSE: HNI) declared a quarterly dividend of 32 cents per share on its common stock, reinforcing its commitment to returning value to shareholders. This dividend will be payable on March 8, 2023, to shareholders on record as of February 27, 2023. HNI operates in the workplace furnishings and residential building products sectors, indicating a robust market presence.

Positive

• Quarterly dividend of 32 cents per share supports shareholder returns.
• Dividend payment scheduled for March 8, 2023, shows confidence in financial stability.

Negative

• None.

MUSCATINE, Iowa--(BUSINESS WIRE)-- HNI Corporation (NYSE: HNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

The dividend will be payable on March 8, 2023, to shareholders of record at the close of business on February 27, 2023.

About HNI Corporation

HNI Corporation (NYSE: HNI) is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment is the nation's leading manufacturer and marketer of hearth products, which include a full array of gas, electric, wood, and pellet-burning fireplaces, inserts, stoves, facings, and accessories. More information can be found on the Corporation's website at https://www.hnicorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230214005640/en/

Marshall H. Bridges, Senior Vice President and Chief Financial Officer (563) 272-7400

Matthew S. McCall, Vice President, Investor Relations and Corporate Development (563) 275-8898

Source: HNI Corporation

FAQ

What is the dividend amount declared by HNI Corporation?

HNI Corporation declared a dividend of 32 cents per share.

When is the dividend payable for HNI Corporation?

The dividend is payable on March 8, 2023.

Who are the shareholders of record for HNI's upcoming dividend?

Shareholders of record on February 27, 2023, will receive the dividend.

How often does HNI Corporation pay dividends?

HNI Corporation typically pays dividends quarterly.