Kohl’s Declares Quarterly Dividend

Rhea-AI Summary

Kohl’s Corporation (NYSE: KSS) declared a quarterly dividend of $0.50 per share on February 21, 2023. The dividend will be payable on March 29, 2023, to shareholders on record by March 15, 2023. This move showcases the company’s commitment to returning value to its shareholders, reflecting confidence in its ongoing operations.

Kohl's is a major omnichannel retailer with over 1,100 stores and a robust online presence. As it continues to focus on delivering value through its diverse offerings, it also prioritizes ESG stewardship in its operational strategy.

Positive

• Declared a quarterly dividend of $0.50 per share, demonstrating a commitment to shareholder returns.
• Dividend payable on March 29, 2023, signaling financial stability.

Negative

• None.

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- On February 21, 2023, the Board of Directors of Kohl’s Corporation (NYSE:KSS) declared a regular quarterly dividend of $0.50 per share on the Company’s common stock. The dividend is payable March 29, 2023, to shareholders of record at the close of business on March 15, 2023.

About Kohl’s

Kohl’s (NYSE: KSS) is a leading omnichannel retailer. With more than 1,100 stores in 49 states and the online convenience of Kohls.com and the Kohl's App, Kohl's offers amazing national and exclusive brands at incredible savings for families nationwide. Kohl’s is uniquely positioned to deliver against its strategy and its vision to be the most trusted retailer of choice for the active and casual lifestyle. Kohl’s is committed to progress in its diversity and inclusion pledges, and the company's environmental, social and corporate governance (ESG) stewardship. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com or follow @KohlsNews on Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230222005768/en/

Investor Relations:

Mark Rupe, (262) 703-1266, mark.rupe@kohls.com

Media:

Jen Johnson, (262) 703-5241, jen.johnson@kohls.com

Source: Kohl's

FAQ

What is the dividend amount declared by Kohl's (KSS)?

Kohl's declared a dividend of $0.50 per share.

When will the dividend for KSS be paid?

The dividend will be paid on March 29, 2023.

What is the record date for the Kohl's dividend?

The record date for the dividend is March 15, 2023.

How often does Kohl's (KSS) pay dividends?

Kohl's typically pays dividends quarterly.

Is the dividend declared by Kohl's sustainable?

The sustainability of the dividend depends on Kohl's financial performance and cash flow.