Hni's last quarterly dividend of $0.32 per share was on Aug 24, 2023 (ex-date). The annualized dividend payment of $1.28 per share represents a current dividend yield of 3.75%.
Hni's dividend yield of 3.75% is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.53%, Hni's dividend yield is 145% higher. The current dividend yield is in line with the historical average of 3.6% of the last 5 years.
Hni has a history of paying dividends since 2004. Our records of HNI show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 1.6% since one year ago. But with the stock price up by 29% from a year ago, the dividend yield marks a decrease of 21%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 24, 2023 | Sep 8, 2023 | Aug 15, 2023 | $0.32 | normal |
| Jun 8, 2023 | Jun 23, 2023 | May 15, 2023 | $0.32 | normal |
| Feb 24, 2023 | Mar 8, 2023 | Feb 14, 2023 | $0.32 | normal |
| Nov 18, 2022 | Dec 1, 2022 | Nov 9, 2022 | $0.32 | normal |
| Aug 25, 2022 | Sep 8, 2022 | Aug 16, 2022 | $0.32 | normal |
| May 26, 2022 | Jun 8, 2022 | May 16, 2022 | $0.32 | normal |
| Feb 25, 2022 | Mar 7, 2022 | Feb 15, 2022 | $0.31 | normal |
| Nov 19, 2021 | Dec 1, 2021 | Nov 11, 2021 | $0.31 | normal |
| Aug 19, 2021 | Sep 1, 2021 | Aug 10, 2021 | $0.31 | normal |
| May 20, 2021 | Jun 1, 2021 | May 10, 2021 | $0.31 | normal |
| Feb 26, 2021 | Mar 8, 2021 | Feb 16, 2021 | $0.305 | normal |
| Nov 13, 2020 | Dec 1, 2020 | Nov 4, 2020 | $0.305 | normal |
| Aug 13, 2020 | Sep 1, 2020 | Aug 3, 2020 | $0.305 | normal |
| May 14, 2020 | Jun 1, 2020 | May 5, 2020 | $0.305 | normal |
| Feb 21, 2020 | Mar 2, 2020 | Feb 12, 2020 | $0.305 | normal |
| Nov 15, 2019 | Dec 2, 2019 | Nov 7, 2019 | $0.305 | normal |
| Aug 15, 2019 | Sep 3, 2019 | Aug 6, 2019 | $0.305 | normal |
| May 16, 2019 | Jun 3, 2019 | May 7, 2019 | $0.305 | normal |
| Feb 22, 2019 | Mar 4, 2019 | Feb 13, 2019 | $0.295 | normal |
| Nov 16, 2018 | Dec 3, 2018 | Nov 7, 2018 | $0.295 | normal |
| Aug 16, 2018 | Sep 4, 2018 | Aug 7, 2018 | $0.295 | normal |
| May 17, 2018 | Jun 1, 2018 | May 8, 2018 | $0.295 | normal |
| Feb 23, 2018 | Mar 5, 2018 | Feb 14, 2018 | $0.285 | normal |
| Nov 17, 2017 | Dec 1, 2017 | Nov 9, 2017 | $0.285 | normal |
| Aug 16, 2017 | Sep 1, 2017 | Aug 8, 2017 | $0.285 | normal |
| May 17, 2017 | Jun 1, 2017 | May 9, 2017 | $0.285 | normal |
| Feb 23, 2017 | Mar 6, 2017 | Feb 15, 2017 | $0.275 | normal |
| Nov 17, 2016 | Dec 1, 2016 | Nov 10, 2016 | $0.275 | normal |
| Aug 17, 2016 | Sep 1, 2016 | Aug 9, 2016 | $0.275 | normal |
| May 18, 2016 | Jun 1, 2016 | May 10, 2016 | $0.275 | normal |
| Feb 25, 2016 | Mar 7, 2016 | Feb 17, 2016 | $0.265 | normal |
Hni's payout ratio of 76.6% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 29.2%, Hni's payout ratio is 162% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HNI Hni Corp | 3.75% | $1.28 | 76.6% |
| SCS Steelcase Inc | 3.65% | $0.4 | 85.1% |
| SNA Snap-on Inc | 2.56% | $6.48 | 35.2% |
Yes, Hni has been paying dividends for the last 19 years.
HNI hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in November 2023.
Hni's last regular dividend was on Aug 24, 2023 (ex-date) with the amount of $0.32 per share.
HNI's annualized dividend per share is $1.28.
Currently Hni's dividend yield is 3.75%.
Hni pays four dividends per year.
Hni's dividend payout ratio is 76.6%.
Hni's dividend yield is more than the Industrials sector average.