Haverty Furniture Companies(NYSE:HVT) Declares Dividend of $0.1200.

Haverty Furniture Companies (NYSE:HVT) had declared a cash dividend of $0.1200 on Aug 9, 2016. The shares will quote ex-dividend on Aug 22, 2016 and the record date has been fixed for Aug 24, 2016. On Aug 9, 2016 share price, the yield comes out to be 2.3358%. The dividend payable date has been fixed on Sep 9, 2016.

In a different note, On Aug 2, 2016, Raymond James said it Upgrades its rating on Haverty Furniture Companies. The shares have been rated ‘Strong Buy’ by the firm.

Haverty Furniture Companies (HVT) shares turned negative on Wednesdays trading session with the shares closing down -0.22 points or -1.06% at a volume of 73,842. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $20.79. The peak price level was also seen at $20.79 while the days lowest was $20.35. Finally the shares closed at $20.47. The 52-week high of the shares is $24.54 while the 52-week low is $16.65. According to the latest information available, the market cap of the company is $432 M.

Haverty Furniture Companies(HVT) last announced its earnings results on Aug 1, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $194.77M. Analysts had an estimated revenue of $194.80M. Earnings per share were $0.24. Analysts had estimated an EPS of $0.19.

Several Insider Transactions has been reported to the SEC. On May 19, 2016, Steven G Burdette (Executive Vice President) sold 4,900 shares at $18.06 per share price.Also, On Dec 2, 2015, L.p. H5, (10% owner) sold 17,500 shares at $24.04 per share price.On Dec 2, 2015, Hill Associates, Llc Pine (10% owner) sold 17,500 shares at $24.04 per share price, according to the Form-4 filing with the securities and exchange commission.

Haverty Furniture Companies Inc. is a specialty retailer of residential furniture and accessories. The Company operates its business through the home furnishings retailing segment. The Company offers financing through an internal revolving charge credit plan as well as a third-party finance company. Its customers are college educated women in middle to upper-middle income households. The Company operates approximately 119 stores serving 80 cities in 16 states with approximately 4.3 million retail square feet. The stores carry mattress product lines such as Sealy Serta Stearns & Foster and Tempur-Pedic. All of its retail locations are operated using the Haverty name.

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