Havertys Announces First Quarter Cash Dividend

Rhea-AI Summary

Havertys (NYSE:HVT, HVT.A) declared a cash dividend of $0.28 per share for its common stock and $0.26 for Class A common stock. This dividend will be paid on March 27, 2023, to shareholders on record as of March 10, 2023. As a testament to financial stability, Havertys has consistently paid dividends annually since 1935, underscoring a long-standing commitment to returning value to its shareholders. The company operates 123 showrooms across 16 states, offering a diverse selection of home furnishings.

Positive

• Havertys declared a cash dividend of $0.28 for common shares and $0.26 for Class A shares, demonstrating strong financial health.
• The company has paid a dividend every year since 1935, reflecting its commitment to shareholder returns.

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• None.

ATLANTA, GA / ACCESSWIRE / February 24, 2023 / 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 $0.28 per share on the common stock and $0.26 per share on the Class A common stock. The dividend is payable on March 27, 2023, to stockholders of record at the close of business on March 10, 2023. 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 123 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.

Contact:

Havertys 404-443-2900
Jenny Hill Parker
SVP, finance and corporate secretary

SOURCE: Havertys

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https://www.accesswire.com/740670/Havertys-Announces-First-Quarter-Cash-Dividend

FAQ

What is the dividend amount for Havertys in 2023?

Havertys declared a cash dividend of $0.28 per share for common stock and $0.26 per share for Class A stock in 2023.

When is the dividend payable for Havertys shareholders?

The dividend is payable on March 27, 2023.

What is the record date for Havertys dividend?

The record date for the dividend is March 10, 2023.

How long has Havertys been paying dividends?

Havertys has paid a cash dividend every year since 1935.