- Hooker Furnishings Corp HOFT board of directors approved an 11.1% increase in quarterly cash dividend to $0.20 per share, payable on December 31, 2021, to shareholders of record on December 17, 2021.
- The hike represents the sixth consecutive annual dividend increase.
- Hooker held $37.4 million in cash and equivalents as of August 1, 2021.
- Price Action: HOFT shares closed at $24.80 on Tuesday.
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