Kontoor Brands Declares Quarterly Dividend

Rhea-AI Summary

Kontoor Brands, Inc. (NYSE: KTB) has declared a quarterly cash dividend of $0.46 per share, payable on September 19, 2022. Shareholders on record as of the close of business on September 9, 2022 will receive this dividend. As a global leader in lifestyle apparel, Kontoor emphasizes brand growth and stakeholder value through iconic brands like Wrangler and Lee. This solid dividend reflects the company's commitment to returning value to its shareholders.

Positive

• Declared a quarterly cash dividend of $0.46 per share, showcasing strong financial health.
• Demonstrates commitment to returning value to shareholders.

Negative

• None.

GREENSBORO, N.C.--(BUSINESS WIRE)-- Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler^® and Lee^®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.46 per share of its common stock. The cash dividend will be payable on September 19, 2022, to shareholders of record at the close of business on September 9, 2022.

About Kontoor Brands

Kontoor Brands, Inc. (NYSE: KTB) is a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands: Wrangler® and Lee®. Kontoor designs, manufactures and distributes superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005119/en/

Investors:

Eric Tracy, (336) 332-5205

Vice President, Corporate Finance and Investor Relations

Eric.Tracy@kontoorbrands.com

or

Media:

Julia Burge, (336) 332-5122

Director, External Communications

Julia.Burge@kontoorbrands.com

Source: Kontoor Brands, Inc.

FAQ

What is the dividend amount for KTB?

The dividend amount for Kontoor Brands, Inc. (KTB) is $0.46 per share.

When will the KTB dividend be paid?

The KTB dividend will be paid on September 19, 2022.

What is the record date for the KTB dividend?

The record date for the KTB dividend is September 9, 2022.

How often does KTB pay dividends?

Kontoor Brands, Inc. typically pays dividends on a quarterly basis.