HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, office product distributors, e-commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names. This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.
HNI Dividend Announcement
• HNI announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-18
• HNI annual dividend for 2024 was $1.31
• HNI annual dividend for 2023 was $1.28
• HNI's trailing twelve-month (TTM) dividend yield is 2.43%
• HNI's payout ratio for the trailing twelve months (TTM) is 50.77%
• HNI's dividend growth over the last five years (2018-2023) was 1.81% year
• HNI's dividend growth over the last ten years (2013-2023) was 2.92% year
HNI Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | $0.33 | quarterly | 2024-12-02 |
2024-08-23 | $0.33 | quarterly | 2024-09-12 |
2024-05-23 | $0.33 | quarterly | 2024-06-12 |
2024-02-23 | $0.32 | quarterly | 2024-03-06 |
2023-11-17 | $0.32 | quarterly | 2023-12-01 |
2023-08-24 | $0.32 | quarterly | 2023-09-08 |
2023-06-08 | $0.32 | quarterly | 2023-06-23 |
2023-02-24 | $0.32 | quarterly | 2023-03-08 |
2022-11-18 | $0.32 | quarterly | 2022-12-01 |
2022-08-25 | $0.32 | quarterly | 2022-09-08 |
2022-05-26 | $0.32 | quarterly | 2022-06-08 |
2022-02-25 | $0.31 | quarterly | 2022-03-07 |
2021-11-19 | $0.31 | quarterly | 2021-12-01 |
2021-08-19 | $0.31 | quarterly | 2021-09-01 |
2021-05-20 | $0.31 | quarterly | 2021-06-01 |
2021-02-26 | $0.30 | quarterly | 2021-03-08 |
2020-11-13 | $0.30 | quarterly | 2020-12-01 |
2020-08-13 | $0.30 | quarterly | 2020-09-01 |
2020-05-14 | $0.30 | quarterly | 2020-06-01 |
2020-02-21 | $0.30 | quarterly | 2020-03-02 |
2019-11-15 | $0.30 | quarterly | 2019-12-02 |
2019-08-15 | $0.30 | quarterly | 2019-09-03 |
2019-05-16 | $0.30 | quarterly | 2019-06-03 |
2019-02-22 | $0.29 | quarterly | 2019-03-04 |
2018-11-16 | $0.29 | quarterly | 2018-12-03 |
2018-08-16 | $0.29 | quarterly | 2018-09-04 |
2018-05-17 | $0.29 | quarterly | 2018-06-01 |
2018-02-23 | $0.28 | quarterly | 2018-03-05 |
2017-11-17 | $0.28 | quarterly | 2017-12-01 |
2017-08-16 | $0.28 | quarterly | 2017-09-01 |
2017-05-17 | $0.28 | quarterly | 2017-06-01 |
2017-02-23 | $0.28 | quarterly | 2017-03-06 |
2016-11-17 | $0.28 | quarterly | 2016-12-01 |
2016-08-17 | $0.28 | quarterly | 2016-09-01 |
2016-05-18 | $0.28 | quarterly | 2016-06-01 |
2016-02-25 | $0.27 | quarterly | 2016-03-07 |
2015-11-19 | $0.27 | quarterly | 2015-12-01 |
2015-08-12 | $0.27 | quarterly | 2015-09-01 |
2015-05-13 | $0.27 | quarterly | 2015-05-29 |
2015-02-26 | $0.25 | quarterly | 2015-03-09 |
2014-11-13 | $0.25 | quarterly | 2014-12-01 |
2014-08-13 | $0.25 | quarterly | 2014-08-29 |
2014-05-14 | $0.25 | quarterly | 2014-05-30 |
2014-02-20 | $0.24 | quarterly | 2014-03-03 |
2013-11-14 | $0.24 | quarterly | 2013-12-02 |
2013-08-14 | $0.24 | quarterly | 2013-08-30 |
2013-05-15 | $0.24 | quarterly | 2013-05-31 |
2013-02-21 | $0.24 | quarterly | 2013-03-04 |
HNI Dividend per year
HNI Dividend growth
HNI Dividend Yield
HNI current trailing twelve-month (TTM) dividend yield is 2.43%. Interested in purchasing HNI stock? Use our calculator to estimate your expected dividend yield:
HNI Financial Ratios
HNI Dividend FAQ
Other factors to consider when evaluating HNI as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: HNI's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, HNI publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, HNI distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from HNI are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: HNI sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, HNI distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HNI declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of HNI's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review HNI's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.