Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes denim, apparel, and accessories under the Wrangler, Lee, and Rock & Republic brands in the United States and internationally. It operates through two segments, Wrangler and Lee. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. As of January 1, 2022, it operated 80 retail stores across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. The company was incorporated in 2018 and is headquartered in Greensboro, North Carolina.
Kontoor Brands Dividend Announcement
• Kontoor Brands announced a quarterly dividend of $0.52 per ordinary share which will be made payable on 2024-12-19. Ex dividend date: 2024-12-09
• Kontoor Brands annual dividend for 2024 was $2.02
• Kontoor Brands annual dividend for 2023 was $1.94
• Kontoor Brands's trailing twelve-month (TTM) dividend yield is 2.13%
• Kontoor Brands's payout ratio for the trailing twelve months (TTM) is 44.36%
Kontoor Brands Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-09 | $0.52 | quarterly | 2024-12-19 |
2024-09-10 | $0.50 | quarterly | 2024-09-20 |
2024-06-10 | $0.50 | quarterly | 2024-06-20 |
2024-03-07 | $0.50 | quarterly | 2024-03-18 |
2023-12-07 | $0.50 | quarterly | 2023-12-18 |
2023-09-07 | $0.48 | quarterly | 2023-09-18 |
2023-06-08 | $0.48 | quarterly | 2023-06-20 |
2023-03-09 | $0.48 | quarterly | 2023-03-20 |
2022-12-08 | $0.48 | quarterly | 2022-12-19 |
2022-09-08 | $0.46 | quarterly | 2022-09-19 |
2022-06-09 | $0.46 | quarterly | 2022-06-20 |
2022-03-07 | $0.46 | quarterly | 2022-03-18 |
2021-12-09 | $0.46 | quarterly | 2021-12-20 |
2021-09-09 | $0.40 | quarterly | 2021-09-20 |
2021-06-07 | $0.40 | quarterly | 2021-06-18 |
2021-03-08 | $0.40 | quarterly | 2021-03-19 |
2020-12-09 | $0.40 | quarterly | 2020-12-18 |
2020-03-09 | $0.56 | quarterly | 2020-03-20 |
2019-12-09 | $0.56 | quarterly | 2019-12-20 |
2019-09-09 | $0.56 | quarterly | 2019-09-20 |
Kontoor Brands Dividend per year
Kontoor Brands Dividend growth
Kontoor Brands Dividend Yield
Kontoor Brands current trailing twelve-month (TTM) dividend yield is 2.13%. Interested in purchasing Kontoor Brands stock? Use our calculator to estimate your expected dividend yield:
Kontoor Brands Financial Ratios
Kontoor Brands Dividend FAQ
Other factors to consider when evaluating Kontoor Brands as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Kontoor Brands's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Kontoor Brands publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Kontoor Brands distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Kontoor Brands are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Kontoor Brands sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Kontoor Brands distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kontoor Brands declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Kontoor Brands's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Kontoor Brands's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.