Kontoor Brands Declares Quarterly Dividend of $0.52 Per Share, a 4 Percent Increase
Kontoor Brands (NYSE: KTB) has announced a 4% increase in its quarterly cash dividend to $0.52 per share of common stock. The dividend will be payable on December 19, 2024, to shareholders of record as of December 9, 2024. The company's CEO Scott Baxter stated that this increase demonstrates management's confidence in their growth strategy and commitment to delivering superior cash returns to shareholders. Kontoor Brands operates globally with two major brands: Wrangler® and Lee®.
Kontoor Brands (NYSE: KTB) ha annunciato un incremento del 4% del proprio dividendo in contante trimestrale a $0.52 per azione di azioni ordinarie. Il dividendo sarà pagabile il 19 dicembre 2024, agli azionisti registrati al 9 dicembre 2024. Il CEO dell'azienda, Scott Baxter, ha dichiarato che questo aumento dimostra la fiducia della direzione nella loro strategia di crescita e l'impegno a fornire rendimenti in contante superiori agli azionisti. Kontoor Brands opera a livello globale con due marchi principali: Wrangler® e Lee®.
Kontoor Brands (NYSE: KTB) ha anunciado un aumento del 4% en su dividendo en efectivo trimestral a $0.52 por acción de acciones comunes. El dividendo será pagadero el 19 de diciembre de 2024, a los accionistas registrados hasta el 9 de diciembre de 2024. El CEO de la compañía, Scott Baxter, declaró que este aumento demuestra la confianza de la dirección en su estrategia de crecimiento y el compromiso de proporcionar retornos en efectivo superiores a los accionistas. Kontoor Brands opera a nivel mundial con dos marcas principales: Wrangler® y Lee®.
콘투어 브랜드(KT: KTB)는 분기 배당금을 $0.52 주당으로 4% 인상한다고 발표했습니다. 이 배당금은 2024년 12월 19일에 지급되며, 2024년 12월 9일 기준 주주에게 지급됩니다. 회사의 CEO인 스콧 백스터는 이번 인상이 경영진의 성장 전략에 대한 신뢰와 주주에게 우수한 현금 수익을 제공하겠다는 의지를 나타낸다고 밝혔습니다. 콘투어 브랜드는 Wrangler®와 Lee®라는 두 개의 주요 브랜드로 전 세계에서 운영되고 있습니다.
Kontoor Brands (NYSE: KTB) a annoncé une augmentation de 4% de son dividende trimestriel en espèces à $0.52 par action d'actions ordinaires. Le dividende sera payable le 19 décembre 2024, aux actionnaires inscrits au 9 décembre 2024. Le PDG de la société, Scott Baxter, a déclaré que cette augmentation démontre la confiance de la direction dans leur stratégie de croissance et leur engagement à offrir des rendements en espèces supérieurs aux actionnaires. Kontoor Brands opère à l'échelle mondiale avec deux grandes marques : Wrangler® et Lee®.
Kontoor Brands (NYSE: KTB) hat eine Erhöhung der vierteljährlichen Bardividende um 4% auf $0.52 pro Aktie der Stammaktien bekannt gegeben. Die Dividende wird am 19. Dezember 2024 an die Aktionäre ausgezahlt, die am 9. Dezember 2024 im Aktienregister stehen. Der CEO des Unternehmens, Scott Baxter, erklärte, dass diese Erhöhung das Vertrauen des Managements in ihre Wachstumsstrategie und das Engagement zur Bereitstellung überlegener Barausschüttungen an die Aktionäre zeigt. Kontoor Brands ist weltweit mit zwei großen Marken tätig: Wrangler® und Lee®.
- Increased quarterly dividend by 4% to $0.52 per share
- Management's confidence in growth strategy and future performance
- Commitment to shareholder returns while maintaining investment in growth
- None.
“As we maintain an unwavering focus on Total Shareholder Return, we are pleased to announce an increase to our quarterly dividend. This increase reflects managements’ and the Board of Directors’ confidence in our formula for future success, which allows us to invest in our diversified growth strategy, while also delivering superior cash returns to our shareholders," said Scott Baxter, Board Chair, Chief Executive Officer and President, Kontoor Brands.
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, distributes, and licenses 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/20241025491834/en/
Investors:
Michael Karapetian, (336) 332-4263
Vice President, Corporate Development, Strategy, and Investor Relations
Michael.Karapetian@kontoorbrands.com
or
Media:
Julia Burge, (336) 332-5122
Director, External Communications
Julia.Burge@kontoorbrands.com
Source: Kontoor Brands, Inc.
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