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MUSCATINE, Iowa – HNI Corporation announced earlier this week that its board of directors declared a quarterly dividend of 33 cents per share on its common stock.
The dividend will be payable on Wednesday, June 12, to shareholders of record at the close of business on Friday, May 24.
Last month in its first-quarter earnings report, the manufacturer announced sales of $588 million and net income of $17.7 million for the quarter ended March 30.
Headquartered in Muscatine, HNI is a manufacturer of workplace furnishings and residential building products. It operates under two segments: Workplace Furnishings and Residential Building Products.