SmarterDividends
HNI

HNI Corporation

HNI

Consumer Cyclical · Furnishings, Fixtures & Appliances · Stock · quarterly payer

$47.57

Fairly valued · -7% Add to Portfolio

Forward Yield

2.94%

Annual Dividend

$1.40

Payout Ratio

504%

5-Yr Growth

2.0%

Ex-Date

Aug 28, 2026

Frequency

Quarterly

Key facts about HNI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 24, 2026, HNI Corporation (HNI) has a forward dividend yield of 2.94%, based on an annual dividend of $1.40 per share and a share price of $47.57.
  • As of Oct 24, 2026, HNI's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, HNI Corporation (HNI) has raised its dividend for 15 consecutive years as of Oct 24, 2026.
  • HNI has never cut its regular dividend in the payment history SmarterDividends has on record.
  • HNI's most recent ex-dividend date was Aug 28, 2026, for a dividend of $0.35 per share.
  • HNI's dividend has grown at an average rate of 2.0% a year over the past five years.
  • As of Oct 24, 2026, HNI's 2.94% yield is 11% below its five-year average yield of 3.31%.
  • As of Oct 24, 2026, SmarterDividends' blended fair-value estimate for HNI is $44.38 per share, 7% below the $47.57 share price, so HNI screens as fairly valued.
  • HNI Corporation (HNI) pays its dividend quarterly, 4 times a year.
  • HNI Corporation (HNI) has raised its regular dividend 29 times and cut it 0 times across the 143 payments on record since 1990. Its most recent change was a 2.9% increase to $0.350 per share, going ex-dividend on May 29, 2026.
  • HNI (HNI) has declared its first higher dividend of the year in May in 4 of the last 5 years; its most recent raise, 2.9%, was declared on May 18, 2026.
Cite this page

SmarterDividends, "HNI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 24, 2026, https://smarterdividends.com/stocks/HNI

Summary

As of Oct 24, 2026, HNI Corporation (HNI) yields 2.94% ($1.40 a year per share), has a dividend safety grade of A (85/100) and has 15 consecutive years of dividend increases on record.

Is HNI a good dividend stock?

Yes

HNI Corporation (HNI) pays a quarterly dividend yielding 2.94% ($1.40/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 15 consecutive years of dividend growth
  • Never cut its dividend on record
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (504%)

Key Data

Dividend Yield
2.94%
Payout Ratio
504%
Annual Dividend
$1.40
5-Yr Avg Growth
2.0%
Ex-Dividend Date
Aug 28, 2026
Years of Growth
15
Frequency
quarterly
Beta
0.92
Market Cap
$3.4B
P/E Ratio
—
5-Yr Total Return
20%
52-Week Range
$28.93 – $52.79
Dividend Safety
A · 85/100
Ever Cut?
No

HNI dividend raises and cuts

HNI Corporation (HNI) has raised its regular dividend 29 times and cut it 0 times across the 143 payments on record since 1990. Its most recent change was a 2.9% increase to $0.350 per share, going ex-dividend on May 29, 2026.

Ex-dateChangeOld → newMove
May 29, 2026Raise$0.340 → $0.350+2.9%
May 23, 2025Raise$0.330 → $0.340+3.0%
May 23, 2024Raise$0.320 → $0.330+3.1%
May 26, 2022Raise$0.310 → $0.320+3.2%
May 20, 2021Raise$0.305 → $0.310+1.6%
May 16, 2019Raise$0.295 → $0.305+3.4%
May 17, 2018Raise$0.285 → $0.295+3.5%
May 17, 2017Raise$0.275 → $0.285+3.6%
May 18, 2016Raise$0.265 → $0.275+3.8%
May 13, 2015Raise$0.250 → $0.265+6.0%
May 14, 2014Raise$0.240 → $0.250+4.2%
May 16, 2012Raise$0.230 → $0.240+4.3%
Show all 29 changes since 1991
Ex-dateChangeOld → newMove
Feb 24, 2011Raise$0.215 → $0.230+7.0%
Feb 20, 2008Raise$0.195 → $0.215+10.3%
Feb 21, 2007Raise$0.180 → $0.195+8.3%
Feb 22, 2006Raise$0.155 → $0.180+16.1%
Feb 23, 2005Raise$0.140 → $0.155+10.7%
Feb 18, 2004Raise$0.130 → $0.140+7.7%
Feb 19, 2003Raise$0.125 → $0.130+4.0%
Feb 20, 2002Raise$0.120 → $0.125+4.2%
Feb 16, 2001Raise$0.110 → $0.120+9.1%
Feb 18, 2000Raise$0.0950 → $0.110+15.8%
Feb 17, 1999Raise$0.0800 → $0.0950+18.8%
Feb 19, 1998Raise$0.0700 → $0.0800+14.3%
Nov 19, 1996Raise$0.0600 → $0.0700+16.7%
Feb 16, 1995Raise$0.0550 → $0.0600+9.1%
Feb 17, 1994Raise$0.0500 → $0.0550+10.0%
Nov 9, 1992Raise$0.0450 → $0.0500+11.1%
Feb 14, 1991Raise$0.0375 → $0.0450+20.0%
Every HNI payment →Download every raise and cut (CSV)
HNI ex-dividend date & scheduleNext ex-date Aug 28, 2026 · full ex-dividend historyView →HNI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is HNI a good dividend stock?

Yes. HNI Corporation (HNI) pays a quarterly dividend yielding 2.94% ($1.40/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is HNI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HNI's fair value is about $44.38 versus a $47.57 share price — so it looks fairly valued (-7% vs. fair value).

Is HNI's dividend safe?

HNI has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is HNI's fair value?

Our blended fair-value estimate for HNI is about $44.38 per share, about 7% below the current $47.57 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is HNI a buy, hold, or sell?

We don't issue formal ratings, but on the data HNI screens as "yes" and fairly valued. HNI Corporation (HNI) pays a quarterly dividend yielding 2.94% ($1.40/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will HNI cut its dividend?

HNI earns a dividend-safety grade of A (85/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does HNI pay a dividend?

Yes. HNI Corporation pays a quarterly dividend of about $1.40 per share annually, a forward yield of roughly 2.94%.

What is HNI's dividend yield?

As of Oct 24, 2026, HNI's forward dividend yield is 2.94%, based on a $1.40 annual dividend and a $47.57 share price.

What is HNI's dividend per share?

As of Oct 24, 2026, HNI pays $1.40 per share per year, distributed on a quarterly basis.

What is HNI's dividend payout ratio?

As of Oct 24, 2026, HNI's payout ratio is 504% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has HNI grown its dividend?

As of Oct 24, 2026, HNI has increased its dividend for 15 consecutive years.

When is the next HNI ex-dividend date?

As of Oct 24, 2026, HNI's next ex-dividend date hasn't been announced. The most recent was Aug 28, 2026, for $0.35 per share.

HNI Dividend News

HNI
IncreaseHNI·Jun 11, 2026

HNI Raises Quarterly Dividend 2.9% to $0.35

HNI lifted its quarterly dividend 2.9% to $0.35, extending a 35-year growth streak as Steelcase integration reshapes earnings and cash priorities.

Income Calculator

At $1.40 / yr per share

Per payment (quarterly)$35.00
Annual$140.00
Monthly avg$11.67

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