HNI Offers 3.28% Yield with $0.34 Dividend and 19.4% EPS Growth Forecast
HNI pays a $0.34 quarterly dividend for a 3.28% yield versus the 1.51% industry and 1.42% S&P 500 averages, with a 39% payout ratio on trailing EPS. Annualized dividend of $1.36 is up 0.7% year-over-year, and fiscal 2026 EPS are projected at $4.13 (19.4% growth).
1. Dividend Profile
HNI currently pays a $0.34 per share quarterly dividend, equating to a 3.28% yield compared to the Business – Office Products industry's 1.51% yield and the S&P 500's 1.42%. The company's stock is down 1.43% year-to-date.
2. Dividend Growth and Payout Ratio
The annualized dividend of $1.36 represents a 0.7% increase from last year, marking four dividend hikes over the past five years and an average annual rise of 2%. HNI's payout ratio stands at 39%, indicating a conservative balance between earnings retention and shareholder returns.
3. Earnings Outlook
Analysts forecast fiscal 2026 EPS of $4.13, implying a 19.36% year-over-year growth rate supported by the company's earnings expansion guidance and solid business fundamentals. The combination of dividend yield and projected earnings growth underpins HNI's attractive income and growth proposition.