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HNI (HNI) 3-Year Dividend Growth Rate : 1.60% (As of Dec. 2023)


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What is HNI 3-Year Dividend Growth Rate?

HNI's Dividends per Share for the three months ended in Dec. 2023 was $0.32.

The historical rank and industry rank for HNI's 3-Year Dividend Growth Rate or its related term are showing as below:

HNI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.6   Med: 7.15   Max: 21.6
Current: 1.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HNI was 21.60% per year. The lowest was 1.60% per year. And the median was 7.15% per year.

HNI's 3-Year Dividend Growth Rate is ranked worse than
71.8% of 1110 companies
in the Industrial Products industry
Industry Median: 11 vs HNI: 1.60

During the past 12 months, HNI's average Dividends Per Share Growth Rate was 0.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

HNI's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.33. As of today, HNI's Dividend Yield % is 3.01%.

Warning Sign:

HNI Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of HNI's 3-Year Dividend Growth Rate

For the Business Equipment & Supplies subindustry, HNI's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HNI's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HNI's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where HNI's 3-Year Dividend Growth Rate falls into.



HNI 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


HNI  (NYSE:HNI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

HNI's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.32/ 0.98
=0.33

During the past 13 years, the highest Dividend Payout Ratio of HNI was 0.84. The lowest was 0.42. And the median was 0.49.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

HNI Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3202024-02-232024-02-262024-03-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.3202023-11-172023-11-202023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3202023-08-242023-08-252023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.3202023-06-082023-06-092023-06-23Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

HNI's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.28/42.49
=3.01 %

Current Share Price is $42.49.
HNI's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.28.

During the past 13 years, the highest Dividend Yield of HNI was 5.82%. The lowest was 1.77%. And the median was 3.00%.

Warning Sign:

HNI Corp stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HNI 3-Year Dividend Growth Rate Related Terms>


HNI (HNI) Business Description

Industry
Traded in Other Exchanges
Address
600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.
Executives
Steven M Bradford officer: Sr. VP, Gen. Counsel & Sec. 408 EAST SECOND STREET, MUSCATINE IA 52761
Jeffrey D Lorenger officer: VP, Gen. Counsel and Secretary 408 EAST SECOND STREET, PO BOX 1109, MUSCATINE IA 52761
Vincent P Berger officer: President, Hearth & Home Tech 7571 215TH STREET WEST, LAKEVILLE MN 55044
Marshall H Bridges officer: VP and Chief Financial Officer 408 EAST SECOND STREET, MUSCATINE IA 52761
Michael J. Roch officer: CCO, WP & Health, Kimball Intl C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Gregory A Meunier officer: Ex VP GL Ops, Kimball Intl 1600 ROYAL ST, JASPER IN 47546
Kourtney L Smith officer: COO, Kimball International 1600 ROYAL STREET, JASPER IN 47549
Larry B Porcellato director ICI PAINTS, 15885 SPRAGUE ROAD, CLEVELAND OH 44136
Patrick D Hallinan director FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Radhakrishna S Rao officer: Chief Info and Digital Officer 600 EAST SECOND STREET, MUSCTAINE IA 52761
Ronald V Waters director 75 EAST ELM STREET, CHICAGO IL 60611
Miguel M Calado director 3600 AMHERST, UNIVERSITY PARK, DALLAS TX 75225
Kurt A Tjaden officer: SVP HNI; President HNI Intl 408 EAST SECOND STREET, MUSCATINE IA 52761
Jason Dean Hagedorn officer: President, Allsteel Inc. 600 EAST SECOND STREET, MUSCATINE IA 52761
Donna D Meade officer: VP, Member Relations 408 EAST SECOND STREET, MUSCATINE IA 52761

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