Hooker Furniture Declares Quarterly Cash Dividend

The latest update is out from Hooker Furniture ( (HOFT) ).

On June 3, 2025, Hooker Furnishings Corporation’s board of directors declared a quarterly cash dividend of $0.23 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and may positively impact investor confidence in the company’s financial health and stability.

Spark’s Take on HOFT Stock

According to Spark, TipRanks’ AI Analyst, HOFT is a Neutral.

Hooker Furniture’s overall stock score reflects significant financial challenges, with declining revenues and profitability as primary concerns. While there are signs of operational improvement and strategic cost-saving initiatives, technical indicators and valuation metrics provide mixed signals. The company’s ability to improve its financial health will be crucial for future performance.

To see Spark’s full report on HOFT stock, click here.

More about Hooker Furniture

Hooker Furnishings Corporation, in its 101st year, is a designer, marketer, and importer of casegoods, leather, and fabric-upholstered furniture, lighting, accessories, and home décor for residential, hospitality, and contract markets. The company also manufactures premium residential custom leather and fabric-upholstered furniture and outdoor furniture domestically. It operates under various brands, including Bradington-Young, HF Custom, Hooker Upholstery, and Shenandoah Furniture, targeting upper-medium price points. The company also has divisions like Home Meridian and Sunset West, catering to different market segments and price ranges.

Average Trading Volume: 74,009

Technical Sentiment Signal: Sell

Current Market Cap: $107M

See more insights into HOFT stock on TipRanks’ Stock Analysis page.