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Quarterly Dividend Of Usd0.12 To Be Issued By Haverty

USA: Haverty Furniture Cos. reported a quarterly dividend of USD0.12 per share will be paid to investors. This will be a USD0.48 annualised dividend, yielding 2.34 percent. This is an increase from previous quarterly dividend of USD0.10.

Haverty executive vice president, Steven G. Burette sold 4,900 shares of the company stock at an average price of USD18.06, totalling USD88,494.00. The executive vice president now directly owns 1,493 shares in Haverty with a value of USD26,963.58. A legal filing with the Securities & Exchange Commission disclosed the transaction that can be accessed through the SEC website.

According to The Cerbat Gem, Haverty shares traded up 0.29 percent during mid-day trading that reached USD20.55. Trading volume of the company’s stock was 151,867 shares. The stock’s market capitalisation is at USD433.69 million and a price-to-earnings ratio of 17.21. The company has a 52 week low of USD16.65 and a 52 week high of USD24.54. The 50-day moving average of the company is USD18.49 and its 200-day moving average is USD18.93.

Haverty released its quarterly earnings result in Q3, reporting USD0.24 EPS for the quarter, exceeding consensus estimates of USD0.19 by USD0.05. The firm’s revenue for the quarter was at USD194.8 million. Quarterly earnings of last year same period saw earnings of USD0.21 per share. The company’s revenue for the quarter increased 3.8 percent on a year-over-year basis. Equities analysts predict USD1.28 EPS will be posted by Haverty for the current year.