Havertys Announces Fourth Quarter Cash Dividend

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Rhea-AI Summary

Havertys (NYSE: HVT, HVT.A) has declared its fourth quarter cash dividend. The company will pay $0.32 per share on common stock and $0.30 per share on Class A common stock. The dividend will be paid on December 12, 2024, to stockholders of record as of November 26, 2024. Notably, Havertys has maintained its tradition of paying cash dividends consistently since 1935.

Positive

89-year track record of consistent dividend payments since 1935, demonstrating financial stability
Maintaining dividend payments indicates strong cash flow position

Negative

None.

News Market Reaction 1 Alert

+0.96% News Effect

On the day this news was published, HVT gained 0.96%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

11/08/2024 - 04:11 PM

ATLANTA, GA / ACCESSWIRE / November 8, 2024 / HAVERTYS (NYSE:HVT, 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 $0.32 per share on the common stock and $0.30 per share on the Class A common stock. The dividend is payable on December 12, 2024, to stockholders of record at the close of business on November 26, 2024. 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 127 showrooms in 17 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
Richard Hare
EVP and CFO

SOURCE: Haverty Furniture Companies, Inc.