Shareholders of record as of August 25 will receive payments on September 9. The dividend is set at $0.33 per share for common stock and $0.31 per share for Class A common stock. This financial commitment underscores the company's long-standing policy of returning capital to investors, a tradition maintained for nearly a century.
Havertys Furniture Declares Dividend and Authorizes $15 Million Buyback
The Atlanta-based home furnishings retailer Haverty Furniture Companies will distribute a cash dividend to shareholders this September, marking a continuous streak of annual payouts since 1935. Simultaneously, the company's board has greenlit a fresh $15 million stock repurchase program to be executed through open market or private transactions.
Beyond the dividend, the board’s authorization for a $15 million stock buyback provides flexibility for the company to repurchase shares at its discretion. Havertys, which operates 129 showrooms across 17 states, continues to focus on its middle to upper-middle market segment as it navigates the current fiscal year.
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