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Stock impact report

Havertys Announces First Quarter Cash Dividend and New Authorization Under Stock Repurchase Program

Haverty Furniture Companies, Inc. (HVT) 
Last haverty furniture companies, inc. earnings: 2/18 04:11 pm Check Earnings Report
US:NYSE Investor Relations: havertys.com/furniture/annual-reports
Company Research Source: GlobeNewswire
ATLANTA, Feb. 26, 2020 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today that, on February 26, 2020, 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 $0.20 per share on the common stock and $0.19 per share on the Class A common stock.  The dividend is payable on March 27, 2020, to stockholders of record at the close of business on March 12, 2020. Havertys has paid a cash dividend in each year since 1935. The board also approved a new authorization under its stock repurchase program that permits the company to purchase up to $30.0 million of its common stock and Class A common stock. The company has approximately $5.3 million remaining for purchases under a previously approved authorization. Shares may be repurchased, at the company’s discretion, from time-to-time in the open market or in privately negotiated transactions. Clarence H. Smith, chairman, pre Show less Read more
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