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Havertys approves one-time dividend for stockholders

Will be 10 cents for common, 9.5 cents for Class A

Furniture Today Staff -- Furniture Today, November 16, 2010

ATLANTA — Directors of furniture retailer Havertys have approved a one-time cash dividend for holders of its two classes of common stock.

Common stock owners will receive 10 cents per share, while owners of the retailer's class A common stock will receive 9.5 cents per share. For both types of stock, the dividend is payable Dec. 6 to stockholders of record Nov. 19.

Havertys suspended its regular quarterly dividend in late 2008. However, a one-time dividend also was paid in the fourth quarter of 2009.

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