Carter’s, Inc. Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Carter’s (NYSE: CRI) has declared a quarterly dividend of $0.75 per share, payable on December 9, 2022, to shareholders on record as of November 29, 2022. These dividends will be determined at the Board's discretion based on future financial performance and other factors. Carter’s is North America’s largest branded marketer of apparel exclusively for babies and young children, with well-known brands like Carter’s and OshKosh B’gosh, sold through 970 stores across the U.S., Canada, and Mexico.

Positive

• Declared quarterly dividend of $0.75 per share.
• Shareholder value supported with regular dividends.

Negative

• Future dividend declarations depend on financial performance which may indicate uncertainty.
• -

ATLANTA--(BUSINESS WIRE)-- The Board of Directors of Carter’s, Inc. (NYSE:CRI) today declared a quarterly dividend of $0.75 per share, payable on December 9, 2022, to shareholders of record at the close of business on November 29, 2022.

Future declarations of quarterly dividends and the establishment of future record and payment dates will be at the discretion of the Board based on a number of factors, including the Company’s future financial performance and other considerations.

About Carter’s, Inc.

Carter’s, Inc. is the largest branded marketer in North America of apparel exclusively for babies and young children. The Company owns the Carter’s and OshKosh B’gosh brands, two of the most recognized brands in the marketplace. These brands are sold in leading department stores, national chains, and specialty retailers domestically and internationally. They are also sold through approximately 970 Company-operated stores in the United States, Canada, and Mexico and online at www.carters.com, www.oshkosh.com, www.cartersoshkosh.ca, and www.carters.com.mx. The Company’s Child of Mine brand is available at Walmart, its Just One You brand is available at Target, and its Simple Joys brand is available on Amazon. The Company also owns Little Planet, a brand focused on organic fabrics and sustainable materials, and Skip Hop, a global lifestyle brand for families with young children. Carter’s is headquartered in Atlanta, Georgia. Additional information may be found at www.carters.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221117006126/en/

Sean McHugh

Vice President & Treasurer

(678) 791-7615

Source: Carter’s, Inc.

FAQ

What is the quarterly dividend amount declared by Carter’s (CRI)?

Carter’s has declared a quarterly dividend of $0.75 per share.

When is the dividend payment date for CRI?

The dividend is payable on December 9, 2022.

What is the record date for CRI's dividend?

The record date is November 29, 2022.

How often does Carter’s pay dividends?

Carter’s typically pays quarterly dividends.

What factors influence future dividend declarations by Carter’s (CRI)?

Future dividends are based on the company's financial performance and other considerations.