V.F. Corporation (NYSE:VFC – Get Free Report) announced a quarterly dividend on Wednesday, May 20th. Shareholders of record on Wednesday, June 10th will be paid a dividend of 0.09 per share by the textile maker on Thursday, June 18th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, June 10th.
V.F. has decreased its dividend by an average of 0.5%per year over the last three years. V.F. has a dividend payout ratio of 33.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect V.F. to earn $1.14 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 31.6%.
V.F. Trading Down 3.5%
Shares of V.F. stock opened at $16.16 on Thursday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 1.03 and a current ratio of 1.55. V.F. has a 52 week low of $11.06 and a 52 week high of $22.27. The stock has a 50 day moving average price of $17.86 and a two-hundred day moving average price of $18.20. The stock has a market capitalization of $6.32 billion, a PE ratio of 29.38, a price-to-earnings-growth ratio of 0.84 and a beta of 1.62.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on VFC
V.F. Company Profile
VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.
Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.
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