Havertys Announces Special Cash Dividend and Quarterly Cash Dividend

Rhea-AI Summary

Havertys (NYSE:HVT, HVT.A) has authorized a special cash dividend of $1.00 per share on its common stock and $0.95 per share on Class A shares. Additionally, a quarterly dividend of $0.28 for common stock and $0.26 for Class A shares has been approved. Both dividends will be paid on December 13, 2022, to stockholders of record by November 28, 2022. Havertys has consistently distributed cash dividends since 1935.

Positive

• Authorized a special cash dividend of $1.00 (common) and $0.95 (Class A) on December 13, 2022.
• Quarterly cash dividend set at $0.28 (common) and $0.26 (Class A), reinforcing consistent cash flow for shareholders.
• Continued dividend payments since 1935 indicate financial stability and shareholder confidence.

Negative

• None.

ATLANTA, GA / ACCESSWIRE / November 11, 2022 / HAVERTYS (NYSE:HVT and HVT.A) announced today, that its board of directors authorized a special 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 $1.00 per share on the common stock and $0.95 per share on the Class A common stock.

The board also approved the payment of the quarterly cash dividend of $0.28 per share on the common stock and $0.26 per share on the Class A common stock.

The special cash dividend and regular quarterly dividend will be paid together on December 13, 2022 to stockholders of record at the close of business on November 28, 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, havertys.com.

Contact:

Haverty Furniture Companies, Inc., 404-443-2900
Jenny Hill Parker
SVP, Finance, and Corporate Secretary

SOURCE: Havertys

View source version on accesswire.com:
https://www.accesswire.com/725277/Havertys-Announces-Special-Cash-Dividend-and-Quarterly-Cash-Dividend

FAQ

What is the special cash dividend amount for Havertys stock in 2022?

The special cash dividend is $1.00 for common stock and $0.95 for Class A stock.

When will Havertys pay the special cash dividend?

The special cash dividend will be paid on December 13, 2022.

What is the quarterly cash dividend amount for Havertys stock?

The quarterly cash dividend is $0.28 for common stock and $0.26 for Class A stock.

When is the record date for the Havertys dividend payments?

The record date for the dividend payments is November 28, 2022.

How long has Havertys been paying dividends?

Havertys has paid cash dividends in each year since 1935.