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HAVERTYS announces a 7.1% increase in quarterly dividend for its common stock and Class A common stock.
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Havertys increases quarterly dividend by 7.1% for common stock and Class A common stock.
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ATLANTA, GA / ACCESSWIRE / May 19, 2023 / HAVERTYS (NYSE:HVT and HVT.A) announced today that its board of directors declared a 7.1% increase in the quarterly dividend, from $0.28 per share to $0.30 per share on the company's common stock. The quarterly dividend for the company's Class A common stock is also being increased from $0.26 to $0.28 per share. The dividend is payable on June 21, 2023, to stockholders of record at the close of business on June 6, 2023. Havertys has paid a cash dividend in each year since 1935.
Clarence H. Smith, chairman and chief executive officer, said, "The board's decision to increase the quarterly dividend reflects our long-term outlook, strong financial position, and our commitment to Havertys stockholders."
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
havertys began as a single store in downtown atlanta in 1885. today, with over 100 stores in 17 states, we have become one of the top retailers in the furniture industry. from modern and traditional, to rustic and eclectic, our wide range of styles, accessories and collections guarantee that we have something for everyone. we greatly value quality merchandise and continually seek to provide our customers with the highest caliber of product by ensuring that each piece of havertys furniture is made exclusively for our brand. our qualified associates and in-home designers offer expert tips and tools to make each customer’s home a fashionable representation of their own unique personality and vision. whether you’re shopping online or in-store, we aim to provide a positive buying experience. shopping with havertys has everything to do with your commitment to excellence in style and we are dedicated to making sure every havertys customer is a happy customer.