Harvey Norman (ASX:HVN) to pay special dividend of 6 cents

Company News

by Rachael Jones

Harvey Norman (ASX:HVN) will pay investors a fully franked special dividend of 6 cents per share.

The company previous announced an interim dividend of 12 cents per share in April, but dropped that due to coronavirus.

Two franchised complexes in Tasmania were closed for two weeks due to a mandated closure of the region by the Tasmanian State Government.

All other Australian franchised complexes remained open throughout the COVID-19 pandemic.

Second half sales in Australia were up 17.5 per cent.

Shares in Harvey Norman (ASX:HVN) are trading 3.38 per cent higher at $3.67.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.