Havertys Announces First Quarter Cash Dividend

Rhea-AI Summary

Havertys (NYSE: HVT, HVT-A) announced a cash dividend of $0.25 per share on common stock and $0.23 per share on Class A common stock. This dividend will be paid on March 25, 2022, to stockholders of record as of March 11, 2022. The company has a long track record of dividend payments, continuing since 1935, showcasing its commitment to returning value to shareholders. With 121 showrooms in 16 states, Havertys provides quality home furnishings at competitive prices.

Positive

• Dividend of $0.25 per share on common stock and $0.23 per share on Class A common stock demonstrates ongoing commitment to shareholders.
• Company has paid dividends annually since 1935, indicating stability and confidence in financial performance.

Negative

• None.

ATLANTA, Feb. 24, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today that its board of directors declared a 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 $0.25 per share on the common stock and $0.23 per share on the Class A common stock. The dividend is payable on March 25, 2022, to stockholders of record at the close of business on March 11, 2022. Havertys has paid a cash dividend in each year since 1935.

About Havertys
Havertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 121 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. Additional information is available on the Company’s website at www.havertys.com.

SOURCE: Havertys

FAQ

What is the dividend amount declared by Havertys for 2022?

Havertys declared a cash dividend of $0.25 per share on common stock and $0.23 per share on Class A common stock.

When is the dividend payment date for Havertys in 2022?

The dividend is payable on March 25, 2022.

What is the record date for Havertys' dividend payment?

The record date for the dividend payment is March 11, 2022.

How long has Havertys been paying dividends?

Havertys has paid a cash dividend each year since 1935.