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Academy Sports + Outdoors Announces Quarterly Cash Dividend

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Academy Sports and Outdoors (Nasdaq: ASO) has announced a quarterly cash dividend of $0.11 per share for the fiscal quarter ended August 3, 2024. The dividend will be payable on October 17, 2024, to stockholders of record as of the close of business on September 19, 2024. This decision, approved by the company's Board of Directors, demonstrates Academy's commitment to returning value to its shareholders. The regular dividend payout suggests financial stability and confidence in the company's cash flow generation capabilities.

Academy Sports and Outdoors (Nasdaq: ASO) ha annunciato un dividendo in contante trimestrale di $0,11 per azione per il trimestre fiscale conclusosi il 3 agosto 2024. Il dividendo sarà pagabile il 17 ottobre 2024, agli azionisti registrati alla chiusura degli affari del 19 settembre 2024. Questa decisione, approvata dal Consiglio di Amministrazione dell'azienda, dimostra l'impegno di Academy nel restituire valore ai suoi azionisti. Il pagamento regolare del dividendo suggerisce stabilità finanziaria e fiducia nelle capacità di generazione di flusso di cassa dell'azienda.

Academy Sports and Outdoors (Nasdaq: ASO) ha anunciado un dividendo en efectivo trimestral de $0.11 por acción para el trimestre fiscal que finalizó el 3 de agosto de 2024. El dividendo será pagadero el 17 de octubre de 2024, a los accionistas registrados al cierre de operaciones del 19 de septiembre de 2024. Esta decisión, aprobada por la Junta Directiva de la empresa, demuestra el compromiso de Academy de devolver valor a sus accionistas. El pago regular del dividendo sugiere estabilidad financiera y confianza en las capacidades de generación de flujo de caja de la empresa.

아카데미 스포츠 앤 아울도어스(Nasdaq: ASO)는 2024년 8월 3일에 종료된 회계 분기 동안 주당 $0.11의 분기 현금 배당금을 발표했습니다. 배당금은 2024년 10월 17일에 지급될 예정이며, 2024년 9월 19일 영업 종료 시점을 기준으로 기록된 주주에게 지급됩니다. 이 결정은 회사 이사회에서 승인되었으며 아카데미가 주주에게 가치를 환원하겠다는 의지를 보여줍니다. 정기적인 배당금 지급은 재정적 안정성과 회사의 현금 흐름 창출 능력에 대한 신뢰를 시사합니다.

Academy Sports and Outdoors (Nasdaq: ASO) a annoncé un dividende trimestriel en espèces de 0,11 $ par action pour le trimestre fiscal se terminant le 3 août 2024. Le dividende sera payable le 17 octobre 2024, aux actionnaires inscrits à la clôture des affaires le 19 septembre 2024. Cette décision, approuvée par le conseil d'administration de l'entreprise, démontre l'engagement d'Academy à restituer de la valeur à ses actionnaires. Le paiement régulier de dividendes suggère une stabilité financière et une confiance dans les capacités de génération de flux de trésorerie de l'entreprise.

Academy Sports and Outdoors (Nasdaq: ASO) hat eine vierteljährliche Bar-Dividende von $0,11 pro Aktie für das im August 3, 2024 endende Geschäftsjahr angekündigt. Die Dividende wird am 17. Oktober 2024 an die zum Stichtag, dem 19. September 2024, im Handelsregister eingetragenen Aktionäre ausgezahlt. Diese Entscheidung, die vom Vorstand des Unternehmens genehmigt wurde, zeigt das Engagement von Academy, den Aktionären Wert zurückzugeben. Die regelmäßige Dividendenzahlung deutet auf finanzielle Stabilität und Vertrauen in die Fähigkeit des Unternehmens zur Generierung von Cashflow hin.

Positive
  • Declared quarterly cash dividend of $0.11 per share
  • Demonstrates commitment to returning value to shareholders
  • Indicates financial stability and positive cash flow
Negative
  • None.

KATY, Texas, Sept. 5, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (Nasdaq: ASO) announced today that its Board of Directors approved the declaration of a quarterly cash dividend with respect to the fiscal quarter ended August 3, 2024 of $0.11 per share of the Company's common stock. The dividend is payable on October 17, 2024, to stockholders of record as of the close of business on September 19, 2024. 

About Academy Sports + Outdoors
Academy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to 285 stores across 19 states. Academy's mission is to provide "Fun for All" and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy's product assortment focuses on key categories of outdoor, apparel, sports & recreation and footwear through both leading national brands and a portfolio of private label brands. For more information, visit www.academy.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Academy's current expectations and are not guarantees of future performance. The forward-looking statements include, among other things, statements regarding the payment of the dividend, including the timing and amount thereof, the Company's expectations regarding its future performance, and the Company's future financial condition to support future dividend growth and are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify.  Actual results may differ materially from these expectations due to factors that are set forth in Academy's filings with the U.S. Securities and Exchange Commission.  Any forward-looking statement in this press release speaks only as of the date of this release. Academy undertakes no obligation to publicly update or review any forward-looking statement, except as may be required by any applicable securities laws.

Media inquiries: 
Allan Rojas, Communications Director
281.944.6048
allan.rojas@academy.com

Investor inquiries:
Matt Hodges, Vice President Investor Relations
281.646.5362
matt.hodges@academy.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/academy-sports--outdoors-announces-quarterly-cash-dividend-302239969.html

SOURCE Academy Sports + Outdoors

FAQ

What is the dividend amount for Academy Sports and Outdoors (ASO) for Q2 2024?

Academy Sports and Outdoors (ASO) has declared a quarterly cash dividend of $0.11 per share for the fiscal quarter ended August 3, 2024.

When is the payment date for ASO's Q2 2024 dividend?

The dividend is payable on October 17, 2024, to stockholders of record as of the close of business on September 19, 2024.

What is the record date for Academy Sports and Outdoors' latest dividend?

The record date for Academy Sports and Outdoors' latest dividend is September 19, 2024, at the close of business.

How often does Academy Sports and Outdoors (ASO) pay dividends?

Based on the announcement, Academy Sports and Outdoors (ASO) pays dividends quarterly. This dividend is for the fiscal quarter ended August 3, 2024.

Academy Sports and Outdoors, Inc.

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