Kohl’s Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Kohl’s (NYSE:KSS) has declared a regular quarterly dividend of $0.50 per share on the company's common stock.

The dividend will be payable on June 26, 2024, to shareholders of record at the close of business on June 12, 2024.

Kohl’s is a leading omnichannel retailer, operating over 1,100 stores across 49 states and offering online shopping through its website and app.

Positive

• Kohl’s declared a regular quarterly dividend of $0.50 per share, signaling financial stability.
• Dividend will be paid on June 26, 2024, providing a return to shareholders.
• Kohl’s operates over 1,100 stores and offers convenient online shopping, indicating a strong market presence.

Negative

• The PR does not mention any revenue or profit growth, leaving financial performance unclear.
• No information on new business developments or strategic initiatives, which might concern investors looking for growth signals.

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- The Board of Directors of Kohl’s Corporation (NYSE:KSS) today declared a regular quarterly dividend of $0.50 per share on the Company’s common stock. The dividend is payable June 26, 2024, to shareholders of record at the close of business on June 12, 2024.

About Kohl’s

Kohl’s (NYSE: KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl's serves millions of families in our more than 1,100 stores in 49 states, online at Kohls.com, and through our Kohl's App. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240515138490/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 declared by Kohl's for Q2 2024?

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

When is Kohl’s next dividend payable?

The dividend is payable on June 26, 2024.

When is the record date for Kohl's quarterly dividend?

The record date is June 12, 2024.

What is Kohl's stock symbol?

Kohl's stock symbol is KSS.

How many stores does Kohl’s operate?

Kohl’s operates over 1,100 stores across 49 states.