Carter’s, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Carter’s, Inc. (NYSE:CRI) has declared a quarterly dividend of $0.75 per share, scheduled for payment on June 10, 2022, to shareholders on record as of May 31, 2022. The dividend is subject to future declarations by the Board based on the company's financial performance and other relevant factors. Carter’s is a leading branded marketer of apparel for babies and young children, operating nearly 1,000 stores across the U.S., Canada, and Mexico, and providing products through various online platforms.

Positive

• Quarterly dividend of $0.75 per share enhances shareholder income.

Negative

• Future dividends are contingent on company performance and market conditions.

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 June 10, 2022, to shareholders of record at the close of business on May 31, 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 nearly 1,000 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 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/20220519006051/en/

Sean McHugh

Vice President & Treasurer

(678) 791-7615

Source: Carter’s, Inc.

FAQ

What is the dividend amount declared by Carter's, Inc. for June 2022?

Carter's, Inc. declared a quarterly dividend of $0.75 per share for June 2022.

When will the dividend be payable to shareholders?

The dividend will be payable on June 10, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is May 31, 2022.

Are future dividends guaranteed for Carter's, Inc.?

Future dividends are not guaranteed and will depend on the company's financial performance and Board discretion.