Hooker Furnishings Declares Quarterly Dividend for Investors
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Hooker Furnishings Declares Quarterly Dividend
Hooker Furnishings Corporation (NASDAQ: HOFT) recently announced the declaration of a quarterly cash dividend of $0.23 per share. This decision, welcomed by shareholders, showcases the company's commitment to distributing value back to its investors. The dividend is set to be paid on a specified date to shareholders recorded on a particular date.
A Century of Craftsmanship
This year marks a significant milestone for Hooker Furnishings as it celebrates a century of delivering quality furniture solutions. The company has established itself as a leading designer, marketer, and importer of various furniture types, including wooden and metal casegoods, leather, and fabric-upholstered items. Their extensive range is tailored not just for residential spaces but also for the hospitality and contract sectors.
Product Offerings That Stand Out
Hooker Furnishings prides itself on offering a diverse array of products. The company produces premium residential custom leather and fabric-upholstered furniture, alongside stylish outdoor furniture options. Key categories within their casegoods include home entertainment units, home office setups, accent pieces, and both dining and bedroom furniture. These products are marketed primarily under the Hooker Furniture brand, ensuring a consistent reputation for quality.
Upholstery Options for Every Taste
In the upholstery sector, Hooker Furnishings features several notable product lines. Bradington-Young specializes in upscale leather furniture, emphasizing both motion and stationary designs. HF Custom delivers another layer of customization with fashion-forward upholstery options, while Hooker Upholstery provides imported items targeting the upper-medium price range. Shenandoah Furniture further enhances their collection, focusing on private label designs that cater to specialized retailers.
Supporting Diverse Markets
Hooker Furnishings' presence extends into the senior living sector through the H Contract product line, which offers tailored solutions for upscale facilities. Furthermore, the Home Meridian division focuses on moderate price points, covering a broader market spectrum. Brands within this division include Pulaski Furniture and Samuel Lawrence Furniture, which offer everything from youth furnishings to stylish accent pieces.
Global Reach and Distribution
With corporate headquarters and upholstery manufacturing facilities located in regions across Virginia, North Carolina, and California, Hooker Furnishings commands a robust operational footprint. The company maintains showrooms in prominent locations such as High Point, NC, and Las Vegas, NV, as well as globally in Ho Chi Minh City, Vietnam. Their distribution centers, strategically placed in Virginia, Georgia, and Vietnam, ensure that their products reach customers efficiently.
Contact Information
For further inquiries, stakeholders can reach out to Paul A. Huckfeldt, Senior Vice President-Finance and CFO of Hooker Furnishings Corporation, at 276.666.3949. The company remains accessible and open for discussions, reinforcing its dedication to customer engagement.
Frequently Asked Questions
What is the declared dividend amount for Hooker Furnishings?
The declared quarterly cash dividend is $0.23 per share.
When will the dividend be paid out?
The dividend is scheduled for payment to shareholders of record on a specified date.
What anniversary is Hooker Furnishings celebrating?
Hooker Furnishings is celebrating its 100th year in business.
What types of furniture does Hooker Furnishings offer?
Hooker Furnishings offers a wide range of furniture, including wooden and metal casegoods, leather, fabric-upholstered items, and outdoor furniture.
Who can I contact for more information regarding Hooker Furnishings?
For more information, you can contact Paul A. Huckfeldt, Senior Vice President-Finance and CFO at 276.666.3949.
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