HNI (HNI) Dividend Payout Ratio : 0.33 (As of Dec. 2023)

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HNI Dividend Payout Ratio Definition

HNI's dividend payout ratio for the months ended in Dec. 2023 was 0.33.

The historical rank and industry rank for HNI's Dividend Payout Ratio or its related term are showing as below:

HNI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.49 Max: 0.84
Current: 0.51

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.

HNI's Dividend Payout Ratio is ranked worse than
71.93% of 1671 companies
in the Industrial Products industry
Industry Median: 0.32 vs HNI: 0.51

As of today (2024-04-24), the Dividend Yield % of HNI is 3.00%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

HNI Dividend Payout Ratio Historical Data

The historical data trend for HNI's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

HNI Dividend Payout Ratio Chart

HNI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.47

0.73

0.84

0.62

0.48

HNI Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.51	8.00	0.58	0.34	0.33

Competitive Comparison

For the Business Equipment & Supplies subindustry, HNI's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Industrial Products industry and Industrials sector, HNI's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where HNI's Dividend Payout Ratio falls into.

HNI Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.28	/	2.65
	=	0.48

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

HNI (NYSE:HNI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

HNI Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of HNI's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

HNI (HNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HNI Corp (NYSE:HNI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

HO9:Germany HO9:Germany

Address

600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071

Website

https://www.hnicorp.com

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