Havertys declares dividend and approves up to $15 million share buyback
Aug 7, 2026, 4:17 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Dividends and buybacks are classic positive catalysts for share price, signaling financial discipline and return of capital. Historically, such actions tend to provide limited but meaningful upside near the announcement and around payment/record dates, particularly for mid-cap retailers with steady cash flow.
AI summary
What happened, with direct paths to the underlying reporting
Havertys announced its Board declared a cash dividend of $0.33 per share on common stock and $0.31 per share on Class A, payable Sept. 9, 2026, with record date Aug. 25, 2026. The Board also authorized up to $15 million for stock repurchases, signaling continued capital returns. Havertys has paid a cash dividend every year since 1935.
Dividend: $0.33 per common share, $0.31 per Class A share.
Payable Sept 9, 2026; record date Aug 25, 2026.
New authorization to repurchase up to $15 million of stock.
Dividend paid annually since 1935.
129 showrooms in 17 states.
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