HNI Corp. (HNI) Announces Quarterly Dividend of $0.24
HNI Corp. (NYSE:HNI) declared a quarterly dividend on Wednesday, February 12th, AR Network reports. Investors of record on Monday, February 24th will be given a dividend of 0.24 per share on Monday, March 3rd. This represents a $0.96 dividend on an annualized basis and a yield of 2.81%.
Shares of HNI Corp. (NYSE:HNI) traded up 1.02% on Wednesday, hitting $34.53. The stock had a trading volume of 13,528 shares. HNI Corp. has a one year low of $30.68 and a one year high of $40.73. The stock’s 50-day moving average is $36.69 and its 200-day moving average is $36.98. The company has a market cap of $1.558 billion and a price-to-earnings ratio of 24.59.
HNI Corp. (NYSE:HNI) last announced its earnings results on Wednesday, February 5th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.46 by $0.04. The company had revenue of $541.30 million for the quarter, compared to the consensus estimate of $536.05 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. On average, analysts predict that HNI Corp. will post $1.75 earnings per share for the current fiscal year.
HNI Corporation is a provider of office furniture and hearth products. The Company operates in two segments: office furniture and hearth products.
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