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Hooker Furnishings (Hooker Furnishings) 3-Year Dividend Growth Rate

: 10.50% (As of Jan. 2024)
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Hooker Furnishings's Dividends per Share for the three months ended in Jan. 2024 was $0.23.

The historical rank and industry rank for Hooker Furnishings's 3-Year Dividend Growth Rate or its related term are showing as below:

HOFT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.2   Med: 10.5   Max: 71
Current: 10.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hooker Furnishings was 71.00% per year. The lowest was -7.20% per year. And the median was 10.50% per year.

HOFT's 3-Year Dividend Growth Rate is ranked better than
60.51% of 157 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.7 vs HOFT: 10.50

During the past 12 months, Hooker Furnishings's average Dividends Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Hooker Furnishings's Dividend Payout Ratio for the three months ended in Jan. 2024 was 3.83. As of today, Hooker Furnishings's Dividend Yield % is 4.89%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hooker Furnishings Corp is 0.98, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hooker Furnishings's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hooker Furnishings 3-Year Dividend Growth Rate Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hooker Furnishings's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Hooker Furnishings's 3-Year Dividend Growth Rate falls into.



Hooker Furnishings 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Hooker Furnishings  (NAS:HOFT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Hooker Furnishings's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.23/ 0.06
=3.83

During the past 13 years, the highest Dividend Payout Ratio of Hooker Furnishings was 0.98. The lowest was 0.17. And the median was 0.35.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hooker Furnishings Corp is 0.98, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Hooker Furnishings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2302024-03-152024-03-182024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2302023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-09-152023-09-182023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-06-152023-06-162023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Hooker Furnishings's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.9/18.32
=4.91 %

Current Share Price is $18.32.
Hooker Furnishings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.9.

During the past 13 years, the highest Dividend Yield of Hooker Furnishings was 5.90%. The lowest was 0.95%. And the median was 2.34%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hooker Furnishings 3-Year Dividend Growth Rate Related Terms>


Hooker Furnishings (Hooker Furnishings) Business Description

Traded in Other Exchanges
N/A
Address
440 East Commonwealth Boulevard, Martinsville, VA, USA, 24112
Hooker Furnishings Corp formerly Hooker Furniture Corp is a designer, marketer, and importer of case goods, leather furniture, and fabric-upholstered furniture for the residential, hospitality, and contract markets. The company also domestically manufactures premium residential custom leather and custom fabric-upholstered furniture. Its segments are the Hooker Branded, which includes a wide range of design categories, home entertainment, home office, dining, and bedroom furniture; the Home Meridian segment includes Samuel Lawrence Furniture and Pulaski Furniture; and the Domestic Upholstery segment includes the domestic upholstery manufacturing operations of Sam Moore and Shenandoah Furniture and others. The company generates most of its revenue from the Home Meridian Segment.
Executives
Christopher L Henson director 214 N TRYON STREET, CHARLOTTE NC 28202
Maria C Duey director 440 COMMONWEALTH BLVD E, MARTINSVILLE VA 24112
Anne Jacobsen officer: Senior Vice President HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Paul A Huckfeldt officer: Chief Financial Officer HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Tonya Harris Jackson director HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Beeler W Christopher Jr director C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Tod R Phelps officer: Sr. VP - Operations PO BOX 4708, MARTINSVILLE VA 24115
Toms Paul B Jr director, officer: Chief Executive Officer HOOKER FURNITURE CORP, 440 E COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Donald Lee Boone officer: Co-President HMI HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Douglas Townsend officer: Co-President HMI HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARDM, MARTINSVILLE VA 24112
Williamson Henry G Jr director HOOKER FURNITURE CORPORATION, POB 4708, MARTINSVILLE VA 24112
E Larry Ryder director C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Michael W Delgatti officer: President HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Paulette Garafalo director HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Jeremy R Hoff officer: President HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112

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