Looking at the universe of stocks we cover at Dividend Channel, on 8/14/13, HNI Corp (NYSE: HNI) will trade ex-dividend, for its quarterly dividend of $0.24, payable on 8/30/13. As a percentage of HNI's recent stock price of $37.92, this dividend works out to approximately 0.63%, so look for shares of HNI Corp to trade 0.63% lower — all else being equal — when HNI shares open for trading on 8/14/13.
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Below is a dividend history chart for HNI, showing historical dividends prior to the most recent $0.24 declared by HNI Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HNI is likely to continue, and whether the current estimated yield of 2.53% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of HNI shares, versus its 200 day moving average:
Looking at the chart above, HNI's low point in its 52 week range is $25.08 per share, with $40.73 as the 52 week high point — that compares with a last trade of $38.11.
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In Monday trading, HNI Corp shares are currently down about 0.7% on the day.
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