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Hooker Furnishings Declares Quarterly Dividend

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Hooker Furnishings (Nasdaq: HOFT) declared a quarterly cash dividend of $0.115 per share on March 5, 2026. The dividend is payable on March 31, 2026 to shareholders of record on March 16, 2026.

Hooker Furnishings designs, markets and manufactures residential, hospitality and contract furniture, with operations in the U.S. and Vietnam and multiple brand lines including Hooker Furniture, Bradington-Young, HF Custom and Sunset West.

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AI-generated analysis. Not financial advice.

Positive

  • Dividend declared at $0.115 per share
  • Payable date set for March 31, 2026

Negative

  • Record date March 16, 2026 limits eligibility to holders then
  • Dividend amount $0.115 per share is modest for income investors

News Market Reaction – HOFT

-5.74%
1 alert
-5.74% News Effect

On the day this news was published, HOFT declined 5.74%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MARTINSVILLE, Va., March 06, 2026 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on March 5, 2026, its board of directors declared a quarterly cash dividend of $0.115 per share, payable on March 31, 2026, to shareholders of record on March 16, 2026.

Hooker Furnishings Corporation, in its 102nd 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 contract markets. The Company also domestically manufactures premium residential custom leather and custom fabric-upholstered furniture and outdoor furniture. Major casegoods product categories include home entertainment, home office, accent, dining, and bedroom furniture in the upper-medium price points sold under the Hooker Furniture brand. Hooker’s residential upholstered seating product lines include Bradington-Young, a specialist in upscale motion and stationary leather furniture, HF Custom (formerly Sam Moore), a specialist in fashion forward custom upholstery offering a selection of chairs, sofas, sectionals, recliners and a variety of accent upholstery pieces, Hooker Upholstery, imported upholstered furniture targeted at the upper-medium price-range and Shenandoah Furniture, an upscale upholstered furniture company specializing in private label sectionals, modulars, sofas, chairs, ottomans, benches, beds and dining chairs in the upper-medium price points for lifestyle specialty retailers. The H Contract product line supplies upholstered seating and casegoods to upscale senior living facilities. The Samuel Lawrence Hospitality is a designer and supplier of hotel furnishings. The Sunset West division is a designer and manufacturer of comfortable, stylish and high-quality outdoor furniture. Hooker Furnishings Corporation’s corporate offices and upholstery manufacturing facilities are located in Virginia, North Carolina and California, with showrooms in High Point, NC, Las Vegas, NV, Atlanta, GA and Ho Chi Minh City, Vietnam. The company operates distribution centers in Virginia and Vietnam. Please visit our websites hookerfurnishings.com, hookerfurniture.com, bradington-young.com, hfcustomfurniture.com, hcontractfurniture.com, slh-co.com, and sunsetwestusa.com.

For more information, contact:
C. Earl Armstrong, Senior Vice President-Finance and CFO
Hooker Furnishings Corporation, 276.666.3969


FAQ

What dividend did Hooker Furnishings (HOFT) declare on March 5, 2026?

Hooker Furnishings declared a quarterly cash dividend of $0.115 per share. According to Hooker Furnishings, the board declared the dividend on March 5, 2026, with standard record and payment dates for distribution.

When is the Hooker Furnishings (HOFT) dividend payable and who is eligible?

The dividend is payable on March 31, 2026 to shareholders of record on March 16, 2026. According to Hooker Furnishings, only shareholders recorded by the March 16 record date will receive the March 31 payment.

How does the March 2026 dividend announcement affect HOFT shareholders?

Shareholders of record on March 16, 2026 will receive $0.115 per share on March 31, 2026. According to Hooker Furnishings, the declaration is a routine cash distribution from the board of directors.

Where does Hooker Furnishings operate and what brands are mentioned in the March 2026 release?

Hooker Furnishings operates manufacturing and offices in Virginia, North Carolina, and California, plus showrooms and distribution in the U.S. and Vietnam. According to Hooker Furnishings, brands include Hooker Furniture, Bradington-Young, HF Custom and Sunset West.

Who can I contact for more information about the HOFT dividend announcement?

For more information contact C. Earl Armstrong, Senior Vice President-Finance and CFO, at the phone number provided in the announcement. According to Hooker Furnishings, investor contact details are included in the release for shareholder inquiries.