HanesBrands Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

HanesBrands (NYSE: HBI) has announced a quarterly cash dividend of $0.15 per share, payable on December 1, 2020, to stockholders on record as of the close of business on November 10, 2020. This marks the 31st consecutive quarterly cash return to stockholders, with over $1.3 billion returned since the dividend program initiated in April 2013.

Positive

• Quarterly cash dividend of $0.15 per share supports shareholder income.
• 31st consecutive quarterly dividend reflects ongoing financial stability.
• Over $1.3 billion returned to stockholders since 2013 enhances investor confidence.

Negative

• None.

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a leading global marketer of everyday basic apparel under world-class brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share to be paid Dec. 1, 2020, to stockholders of record at the close of business Nov. 10, 2020.

The declared cash dividend will be the 31^st consecutive quarterly return of cash to stockholders. The company has returned more than $1.3 billion in quarterly cash dividends to stockholders since initiating its program in April 2013.

HanesBrands is a socially responsible leading marketer of everyday basic apparel under some of the world’s strongest apparel brands in the Americas, Europe, Australia and Asia-Pacific, including Hanes, Champion, Bonds, DIM, Maidenform, Bali, Playtex, Lovable, Bras N Things, Nur Die/Nur Der, Alternative, L’eggs, JMS/Just My Size, Wonderbra, Berlei, and Gear for Sports. More information about the company and its award-winning corporate social responsibility initiatives, including environmental, social compliance and community improvement achievements, may be found on the Hanes corporate website at www.Hanes.com/corporate.