Ex-Div Reminder for Hooker Furniture (HOFT)

Looking at the universe of stocks we cover at Dividend Channel, on 12/10/13, Hooker Furniture Corp ( HOFT) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 12/27/13. As a percentage of HOFT's recent stock price of $16.24, this dividend works out to approximately 0.62%, so look for shares of Hooker Furniture Corp to trade 0.62% lower — all else being equal — when HOFT shares open for trading on 12/10/13.

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Below is a dividend history chart for HOFT, showing historical dividends prior to the most recent $0.10 declared by Hooker Furniture Corp:

HOFT+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HOFT is likely to continue, and whether the current estimated yield of 2.46% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HOFT shares, versus its 200 day moving average:

Hooker Furniture Corp 200 Day Moving Average Chart

Looking at the chart above, HOFT's low point in its 52 week range is $13.33 per share, with $18.31 as the 52 week high point — that compares with a last trade of $16.24.

In Friday trading, Hooker Furniture Corp shares are currently up about 1.2% on the day.
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