HNI Corporation (HNI) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
HNI Dividend Income Check
Safety
1.2% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 4.1% and trend is rising.
HNI Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
HNI Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
HNI Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
HNI Corporation distributes 1.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 819.5%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
HNI has raised its dividend for 15 consecutive years, with a 3-year CAGR of 2.1% and 5-year CAGR of 2.0%.
Total Shareholder Returns
Beyond cash dividends, HNI returns capital through share repurchases. The combined picture: 3.7% dividend yield, 4.9% buyback yield, 8.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.1% and is currently rising. The 5-year total return is -7.3%, with dividends contributing 14.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $10,929 today.
HNI Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 2, 2026Latest | $0.3400 | — | 3.04% | Mar 11, 2026 |
| Nov 17, 2025 | $0.3400 | — | 3.53% | Dec 1, 2025 |
| Aug 22, 2025 | $0.3400 | — | 2.99% | Sep 11, 2025 |
| May 23, 2025 | $0.3400 | ↑ +3.0% | 2.92% | Jun 11, 2025 |
| Feb 24, 2025 | $0.3300 | — | 2.86% | Mar 5, 2025 |
| Nov 18, 2024 | $0.3300 | — | 2.39% | Dec 2, 2024 |
| Aug 23, 2024 | $0.3300 | — | 2.45% | Sep 12, 2024 |
| May 23, 2024 | $0.3300 | ↑ +3.1% | 2.90% | Jun 12, 2024 |
HNI Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd | $1.7B | 3.7% | 1.2% | 15 | Sustainable |
2nd | $1.1B | 4.6% | — | 0 | Unknown |
| $1.9B | 2.6% | 39.4% | 0 | Sustainable | |
1st | $138M | 7.3% | — | 10 | Unknown |
| $554M | 0.0% | 0.1% | 0 | Sustainable | |
| $295M | 1.1% | 17.6% | 1 | Sustainable |
HNI Annual Dividend History (1985–2026)
42 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.34 | — | 1 | — | — | — | 1.0% |
| 2025 | $1.35 | 3.1% | 4 | $1.11 | 121.6% | 0.82x | 4.1% |
| 2024 | $1.31 | 2.3% | 4 | $2.88 | 45.5% | 2.20x | 3.9% |
| 2023 | $1.28 | 0.8% | 4 | $1.08 | 118.5% | 0.84x | 3.8% |
| 2022 | $1.27 | 2.8% | 4 | $2.94 | 43.2% | 2.31x | 3.8% |
| 2021 | $1.24 | 1.2% | 4 | $1.36 | 90.8% | 1.10x | 3.7% |
| 2020 | $1.22 | 0.8% | 4 | $0.98 | 124.5% | 0.80x | 3.7% |
| 2019 | $1.21 | 3.4% | 4 | $2.54 | 47.6% | 2.10x | 3.6% |
| 2018 | $1.17 | 3.5% | 4 | $2.11 | 55.5% | 1.80x | 3.5% |
| 2017 | $1.13 | 3.7% | 4 | $2.00 | 56.5% | 1.77x | 3.4% |
See HNI's True Return
Price is only half the story. See total return with reinvested dividends.
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View ValuationCompare HNI vs SPIR
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Start ComparisonHNI — Frequently Asked Questions
Quick answers to the most common questions about buying HNI stock.
How much dividend does HNI pay per share?
HNI Corporation (HNI) pays a trailing 12-month dividend of $1.29 per share, with a current dividend yield of +3.7%. Payments are made Annual.
When is HNI's next ex-dividend date?
HNI's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HNI typically pays dividends Annual.
Is HNI's dividend safe?
HNI's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.2% and FCF payout ratio of +819.5%. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is HNI a Dividend Achiever?
Yes, HNI Corporation is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +2.0%, demonstrating modest dividend growth.
How often does HNI pay dividends?
HNI Corporation pays dividends Annual. The trailing 12-month total is $1.29 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in HNI grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HNI five years ago would be worth approximately $9,273 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HNI's yield on cost for long-term holders?
HNI's yield on cost — the current dividend divided by the original purchase price — is +4.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.7% market yield, thanks to consistent dividend growth.