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.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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.

null

More from Stocks

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

Jim Cramer on U.S.-China Trade: The Media Has it Wrong

Jim Cramer on U.S.-China Trade: The Media Has it Wrong

Is Tesla's Stock Set to Nearly Double to $500?

Is Tesla's Stock Set to Nearly Double to $500?

Tesla's $78,000 Model 3 Is a Bargain. Here's Why

Tesla's $78,000 Model 3 Is a Bargain. Here's Why