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The Board of Directors of Kohl’s (NYSE:KSS) has declared a regular quarterly dividend of $0.50 per share on the company's common stock.
The dividend will be payable on June 26, 2024, to shareholders of record at the close of business on June 12, 2024.
Kohl’s is a leading omnichannel retailer, operating over 1,100 stores across 49 states and offering online shopping through its website and app.
Kohl’s (NYSE: KSS) held its annual shareholders meeting in Menomonee Falls, Wis. Shareholders elected eleven board members, including Wendy Arlin and Michael J. Bender, with an average approval rate of over 96%. The advisory vote to approve executive compensation received over 92% support. The appointment of Ernst & Young LLP as the independent auditor for 2024 was ratified with more than 94% approval. Shareholders approved the 2024 Long-Term Compensation Plan by over 93%. However, a proposal for a Corporate Financial Sustainability Report was rejected, receiving less than 6% support. Final results will be filed on Form 8-K.
