Haverty Furniture Companies Affirms $0.32 Dividend, Raises Earnings Forecast

Haverty Furniture Companies (NYSE:HVT) has affirmed its dividend of $0.32 per share, with a 5.5% dividend yield. The payment makes up 77% of cash flows and 68% of net income, but earnings per share is forecast to rise by 75.1% over the next year, which could lead to a more sustainable payout ratio. The company has a long dividend track record but has experienced fluctuations in payments in the past, making it a cautious investment for those seeking income.

Haverty Furniture Companies (NYSE:HVT) has recently affirmed its quarterly dividend of $0.32 per share, effective for the period ending September 10, 2025. This dividend translates to an annualized yield of 5.5%, reflecting a strong commitment to shareholder returns. The company has a long-standing dividend history, but it has experienced fluctuations in payments in the past, making it a cautious investment for income seekers.

The dividend payment represents 77% of the company's cash flows and 68% of its net income, indicating a significant portion of earnings dedicated to dividend distributions. However, analysts forecast earnings per share to rise by 75.1% over the next year, which could lead to a more sustainable payout ratio. This growth in earnings is expected to support the company's dividend policy and potentially increase future dividend payments.

Despite the recent dividend affirmation, Haverty Furniture Companies has been subject to fluctuations in its stock price and analyst ratings. The company's stock price crossed above its 200-day moving average in August 2025, suggesting a potential upward trend. However, analysts have downgraded the stock from a "buy" to a "hold" rating, reflecting cautious sentiment [1].

Institutional investors have also shown interest in Haverty Furniture Companies, with hedge funds and other institutional investors owning 80.57% of the stock. These investors have increased their positions in the stock, indicating confidence in the company's long-term prospects [1].

Overall, Haverty Furniture Companies' recent dividend affirmation is a positive development for income-focused investors. However, the company's past dividend fluctuations and cautious analyst ratings suggest a need for careful consideration before investing. As with any investment, it is essential to conduct thorough research and consider both the potential benefits and risks.

References:
[1] https://www.marketbeat.com/instant-alerts/haverty-furniture-companies-companies-nysehvt-stock-crosses-above-200-day-moving-average-should-you-sell-2025-08-13/
[2] https://www.marketbeat.com/instant-alerts/haverty-furniture-companies-inc-nysehvt-announces-quarterly-dividend-of-032-2025-08-11/