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HNI (HNI) is a Top Dividend Stock Right Now: Should You Buy?
HNI HNI (US:HNI) ZACKSยท2025-09-01 16:45

Company Overview - HNI Corporation, headquartered in Muscatine, is a Business Services stock that has experienced a price change of -10.78% this year [3] - The company specializes in manufacturing office furniture and fireplaces [3] Dividend Information - HNI currently pays a dividend of $0.34 per share, resulting in a dividend yield of 3.03%, which is higher than the Business - Office Products industry's yield of 2.42% and the S&P 500's yield of 1.49% [3] - The annualized dividend of $1.36 represents a 3.8% increase from the previous year [4] - Over the past five years, HNI has increased its dividend four times, averaging an annual increase of 2.00% [4] - The current payout ratio is 39%, indicating that HNI paid out 39% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate predicts earnings of $3.55 per share, reflecting a 16.01% increase from the previous year [5] Investment Considerations - HNI is viewed as a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 2 (Buy) [6] - The company is positioned well for income investors, especially given the potential for solid earnings growth [5][6]