Hooker Furnishings Announces Quarterly Dividend

Furniture company to pay $0.12 per share to shareholders of record on March 16th.

Mar. 14, 2026 at 1:12pm

Got story updates? Submit your updates here. ›

Hooker Furnishings Corp. (NASDAQ:HOFT), a designer and distributor of home furnishings, announced on Thursday, March 5th that it will be paying a quarterly dividend of $0.115 per share to shareholders of record on Monday, March 16th. The dividend will be paid on Tuesday, March 31st and represents an annualized dividend yield of 3.5%.

Why it matters

Hooker Furnishings has a long history of paying dividends to shareholders, having increased its dividend payment by an average of 0.1% per year over the last three years. The company's dividend payout ratio of 34.1% indicates that its earnings can comfortably cover the dividend, providing stability and return to investors.

The details

The ex-dividend date for the $0.115 per share dividend is Monday, March 16th. Hooker Furnishings has raised its dividend annually for the last 9 consecutive years. Analysts expect the company to earn $1.10 per share next year, which would result in a projected payout ratio of 41.8%, suggesting the dividend is sustainable.

  • Hooker Furnishings announced the quarterly dividend on Thursday, March 5th, 2026.
  • The dividend will be paid on Tuesday, March 31st, 2026 to shareholders of record on Monday, March 16th, 2026.
  • The ex-dividend date is Monday, March 16th, 2026.

The players

Hooker Furnishings Corp.

A designer, marketer and distributor of high-quality home furnishings, headquartered in Martinsville, Virginia.

Got photos? Submit your photos here. ›

The takeaway

Hooker Furnishings' consistent dividend payments and increases demonstrate its financial stability and commitment to returning value to shareholders, even as the furniture industry faces ongoing challenges.