HNI Corp(NYSE:HNI) Declares Dividend of $0.2750.

HNI Corp (NYSE:HNI) had declared a cash dividend of $0.2750 on Aug 9, 2016. The shares will quote ex-dividend on Aug 17, 2016 and the record date has been fixed for Aug 19, 2016. On Aug 9, 2016 share price, the yield comes out to be 2.0665%. The dividend payable date has been fixed on Sep 1, 2016.

HNI Corp (HNI) shares turned negative on Wednesdays trading session with the shares closing down -0.495 points or -0.94% at a volume of 1,36,498. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $52.78. The peak price level was also seen at $52.78 while the days lowest was $52.14. Finally the shares closed at $52.17. The 52-week high of the shares is $54.14 while the 52-week low is $29.84. According to the latest information available, the market cap of the company is $2,319 M.

HNI Corp(HNI) last announced its earnings results on Jul 21, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $536.54M. Analysts had an estimated revenue of $535.90M. Earnings per share were $0.68. Analysts had estimated an EPS of $0.62.

Several Insider Transactions has been reported to the SEC. On Aug 1, 2016, Larry B Porcellato (director) sold 5,000 shares at $52.72 per share price.Also, On Aug 1, 2016, Stanley A Askren (Chairman, President & CEO) sold 58,676 shares at $52.61 per share price.On Jul 28, 2016, Jerald K Dittmer (Executive Vice President) sold 46,827 shares at $51.99 per share price, according to the Form-4 filing with the securities and exchange commission.

HNI Corporation (HNI) provides office furniture and hearth products. The Company manufactures and markets gas and wood burning fireplaces. The Company operates through two segments: office furniture and hearth products. The Company’s office furniture segment designs manufactures and markets a broad range of office furniture systems and seating across a range of price points. The Company’s products are sold under the various brands including HON Allsteel Maxon Gunlocke Paoli HBF artcobell Midwest Folding Products American Desk basyx by HON Lamex and ERGO as well as private labels. The Company’s hearth products segment offers products including gas wood and pellet burning fireplaces inserts stoves facings and accessories. The Company sells its products under the brands including Heatilator Heat & Glo Majestic Monessen Quadra-Fire Harman Stove Vermont Castings and PelPro.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *