5 Stocks that Paid Special Dividends in 2024

3. Arhaus, Inc. (NASDAQ:ARHS)

Number of Hedge Fund Holders: 28

Arhaus, Inc. (NASDAQ:ARHS) is a company that specializes in furniture and home decor retail. They operate as a home furnishing retailer, offering a wide range of products. On March 7, the company declared a special dividend of $0.50 per share that would be payable on April 4. The company declared an additional dividend alongside surpassing expectations with its fourth-quarter earnings report. ARHS is among the best special dividend stocks on our list.

According to Insider Monkey’s database of Q4 2023, 28 hedge funds owned stakes in Arhaus, Inc. (NASDAQ:ARHS), up from 24 in the previous quarter. The consolidated value of these stakes is over $94.2 million. With over 2 million shares, Scopus Asset Management was the company’s leading stakeholder in Q4.

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