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Havertys (NYSE: HVT and HVT.A), established in 1885, is a renowned full-service home furnishings retailer. With a strong presence across the Southern and Midwestern United States, Havertys operates 122 showrooms in 16 states, offering a wide range of quality merchandise aimed at middle to upper-middle price ranges.
Core Business: Havertys specializes in providing customers with premium home furnishings and decor solutions. From living room furniture to bedroom sets and home accessories, Havertys is dedicated to enhancing home environments with stylish and lasting products.
Financial Health: The company maintains a steady financial footing. Notably, a cash dividend was recently declared by the board of directors, with $0.30 per share on the common stock and $0.28 per share on the Class A common stock. This dividend is payable on September 13, 2023, to stockholders of record at the close of business on August 28, 2023. Havertys has shown a longstanding commitment to returning value to its shareholders, having paid a cash dividend every year since 1935.
Recent Achievements and Current Projects: Havertys continues to adapt to market trends by expanding its product lines and enhancing customer experiences both in-store and online. The company prides itself on a legacy of excellence and customer trust built over more than a century. The recent dividend declaration underscores Havertys’ robust operational performance and financial stability.
Partnerships and Collaborations: To continually provide exceptional products, Havertys collaborates with a range of reputable manufacturers and suppliers. These partnerships ensure that customers receive high-quality, durable, and fashionable furniture and home accessories.
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