Noteworthy Dividend Flows: $0.17 dividends just around the corner for Herman Miller, Inc. (NASDAQ:MLHR) shareholders.

Noteworthy Dividend Flows: $0.17 dividends just around the corner for Herman Miller, Inc. (NASDAQ:MLHR) shareholders.

Herman Miller, Inc. (NASDAQ:MLHR) is expected to pay $0.17 on Jan 15, 2017. The indicated annual dividend is $0.68. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Herman Miller, Inc.’s current price of $33.95, the dividend is 0.50%. This dividend’s record date is Dec 3, 2016 and the announcement date is Oct 27, 2016. The stock decreased 1.02% or $0.35 during the last trading session, hitting $33.95. Herman Miller, Inc. (NASDAQ:MLHR) has risen 9.59% since April 26, 2016 and is uptrending. It has outperformed by 4.33% the S&P500.

Herman Miller, Inc. is engaged in the research, design, manufacture, sale and distribution of office furniture systems, seating products, home furnishings and related services, among others. The company has a market cap of $2.03 billion.

Insitutional Activity: The institutional sentiment decreased to 0.86 in 2016 Q2. Its down 0.29, from 1.15 in 2016Q1. The ratio fall, as 19 funds sold all Herman Miller, Inc. shares owned while 74 reduced positions. 27 funds bought stakes while 80 increased positions. They now own 47.83 million shares or 0.61% less from 48.13 million shares in 2016Q1.
The Massachusetts-based Geode Capital Mngmt has invested 0.01% in Herman Miller, Inc. (NASDAQ:MLHR). Proshare Advsrs Limited holds 0% or 12,619 shares in its portfolio. Natl Investment Service Inc Wi, a Wisconsin-based fund reported 9,101 shares. Ajo Limited Partnership last reported 75,582 shares in the company. The Ohio-based Meeder Asset Mngmt has invested 0.06% in Herman Miller, Inc. (NASDAQ:MLHR). Moreover, Teachers Retirement Sys Of The State Of Kentucky has 0.01% invested in Herman Miller, Inc. (NASDAQ:MLHR) for 15,800 shares. Savings Bank Of Ny Mellon Corporation accumulated 774,095 shares or 0.01% of the stock. Alps Advsrs Incorporated holds 15,672 shares or 0% of its portfolio. Invesco accumulated 140,880 shares or 0% of the stock. Burt Wealth Advisors last reported 0.01% of its portfolio in the stock. Schwab Charles Investment Incorporated accumulated 0.01% or 268,716 shares. First Tru Advisors L P holds 41,560 shares or 0% of its portfolio. Thomas Story Son Lc holds 0.14% or 7,400 shares in its portfolio. Suntrust Banks has 0.02% invested in the company for 100,219 shares. Bankshares Of America De reported 248,299 shares or 0% of all its holdings.

Insider Transactions: Since July 8, 2016, the stock had 0 insider purchases, and 11 selling transactions for $2.52 million net activity. On Friday, July 8 the insider Ramirez Michael F. sold $82,956. WALKER BRIAN C also sold $852,381 worth of Herman Miller, Inc. (NASDAQ:MLHR) shares. Gane Stephen C sold $191,436 worth of Herman Miller, Inc. (NASDAQ:MLHR) on Friday, July 22. LOCK ANDREW J also sold $429,870 worth of Herman Miller, Inc. (NASDAQ:MLHR) shares. On Friday, July 22 the insider Lopez Hezron T. sold $60,288. 3,900 shares were sold by TERRELL DOROTHY A, worth $128,343 on Thursday, July 28. Shares for $263,372 were sold by Goeman Donald D on Tuesday, July 12.

Herman Miller, Inc. (NASDAQ:MLHR) Ratings Coverage

Out of 3 analysts covering Herman Miller (NASDAQ:MLHR), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. Herman Miller has been the topic of 3 analyst reports since December 18, 2015 according to StockzIntelligence Inc. As per Friday, December 18, the company rating was downgraded by Raymond James. The stock of Herman Miller, Inc. (NASDAQ:MLHR) earned “Hold” rating by BB&T Capital on Friday, June 24. The rating was initiated by Seaport Global with “Neutral” on Friday, November 4.

More news for Herman Miller, Inc. (NASDAQ:MLHR) were recently published by: Fool.com, which released: “Why Herman Miller, Inc. Shares Dropped Today” on September 22, 2016. Prnewswire.com‘s article titled: “Herman Miller, Inc. Opens New York Flagship” and published on May 12, 2016 is yet another important article.

MLHR Company Profile

Herman Miller, Inc., incorporated on July 21, 1981, is engaged in the research, design, manufacture, selling and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings and related services. The Company’s divisions include North American Furniture Solutions; EMEA, Latin America, and Asia Pacific (ELA) Furniture Solutions; Specialty, and Consumer. The North American Furniture Solutions segment includes the activities associated with the design, manufacture, and sale of furniture products for work-related settings, including office, education, and healthcare environments, throughout the United States and Canada. The ELA Furniture Solutions segment includes the activities associated with the design, manufacture, and sale of furniture products, primarily for work-related settings, in the Europe, Middle East and Africa (EMEA), Latin America, and Asia-Pacific geographic regions. The Specialty segment includes the activities associated with design, manufacture, and sale of furniture products and textiles, including Geiger wood products and Herman Miller Collection products. The Consumer segment includes the activities associated with the sale of modern design furnishings and accessories to third-party retail distributors, as well as direct to consumer sales through e-commerce, direct mailing catalogs and Design Within Reach (DWR) studios.

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