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HAVERTY FURNITURE COMPANIES, INC. 2ND QUARTER CASH DIVIDEND DECLARED; PROMOTIONS ANNOUNCED

 HAVERTY FURNITURE COMPANIES, INC.
 2ND QUARTER CASH DIVIDEND DECLARED; PROMOTIONS ANNOUNCED
 ATLANTA, May 1 /PRNewswire/ -- At the annual meeting of the board of directors of Haverty Furniture Companies, Inc. (NASDAQ-NMS: HAVT HAVTA) held today in Atlanta, the directors declared a cash dividend on the two classes of $1 par value common stock of the corporation, payable May 25, to stockholders of record at the close of business on May 15, at a rate of 9-1/2 cents per share on the outstanding shares of common stock (Cusip No. 419596 10 1) and 9 cents per share on the outstanding shares of Class A Common Stock (Cusip No. 419596 20 0).
 Three promotions were announced at the meeting. John E. Slater Jr. was elected chief operating officer, Roger P. Whitaker was named chief financial officer, and Rawson Haverty Jr. was elected vice president.
 Slater began his career with Haverty's in Jacksonville, Fla. in 1956. He has served in various management positions in the company, including director of Merchandising and most recently as general manager, Stores. As senior vice president and chief operating officer, Slater will oversee the day-to-day operations of the company.
 As senior vice president and chief financial officer, Whitaker supervises the financial functions of the company, including the Accounting and Management Information Systems departments. Whitaker joined the company in 1984 and in 1989 was named senior vice president, Finance.
 Haverty, who was recently elected a director of the company, began his employment in 1982 as a management trainee. As vice president, Real Estate, he is responsible for management of the real estate portfolio, demographic research and site selection, as well as negotiating for purchases and lease contracts.
 The company currently operates 86 retail furniture showrooms throughout the Southeast and Southwest. Haverty's two classes of common stock are quoted on the NASDAQ National Market System under the symbols HAVT and HAVTA.
 -0- 5/1/92
 /CONTACT: Christine Jones, secretary of Havery Furniture, 404-881-1911/
 (HAVT HAVTA) CO: Haverty Furniture Companies, Inc. ST: Georgia IN: REA SU: DIV PER


BR-CF -- AT002 -- 5454 05/01/92 12:08 EDT
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Publication:PR Newswire
Date:May 1, 1992
Words:346
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