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HNI Corporation Increases Quarterly Dividend

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HNI Corporation (NYSE: HNI) declared a quarterly dividend of 32 cents per share on its common stock. The dividend is payable on June 8, 2022, to shareholders of record by the close of business on May 27, 2022. HNI operates in two segments: Workplace Furnishings and Residential Building Products, with notable brands and a strong market presence in commercial furnishings and hearth products.

Positive
  • Quarterly dividend of 32 cents per share announced, indicating company confidence.
  • The company operates in two profitable segments, enhancing revenue diversity.
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 June 8, 2022, to shareholders of record at the close of business on May 27, 2022.

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.

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 quarterly dividend of 32 cents per share.

When is the dividend payable for HNI Corporation?

The dividend will be payable on June 8, 2022.

What is the record date for HNI Corporation's dividend?

The record date for HNI Corporation's dividend is May 27, 2022.

What are the segments operated by HNI Corporation?

HNI Corporation operates in Workplace Furnishings and Residential Building Products.

HNI Corporation

NYSE:HNI

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HNI Stock Data

2.45B
46.82M
1.96%
81.93%
1.93%
Business Equipment & Supplies
Office Furniture (no Wood)
Link
United States of America
MUSCATINE