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Stock impact report

Hooker Furnishings (NASDAQ:HOFT) Will Pay A Smaller Dividend Than Last Year [Yahoo! Finance]

Hooker Furnishings Corporation (HOFT) 
US:NASDAQ Investor Relations: investors.hookerfurniture.com
Company Research Source: Yahoo! Finance
However, the dividend yield of 4.4% is still a decent boost to shareholder returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A big dividend yield for a few years doesn't mean much if it can't be sustained. Hooker Furnishings is not generating a profit, but its free cash flows easily cover the dividend, leaving plenty for reinvestment in the business. This gives us some comfort about the level of the dividend payments. The next 12 months is set to see EPS grow by 124.8%. However, if the dividend continues along recent trends, it could start putting pressure on the balance sheet with the payout ratio reaching 184% over the next year. See our latest analysis for Hooker Furnishings The company has a long dividend track record, but it doesn't look great with cuts in the past. The annual payment during the last 10 years was $0.40 in 2015, and the most recent fiscal year payment was $0.46. This implies Show less Read more
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