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Kontoor Brands Declares Quarterly Dividend

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Kontoor Brands, Inc. (NYSE: KTB) has declared a quarterly cash dividend of $0.40 per share, payable on June 18, 2021, to shareholders of record by the end of June 8, 2021. The company, known for its iconic brands Wrangler and Lee, focuses on delivering high-quality, fashionable apparel while driving long-term stakeholder value. This dividend announcement demonstrates Kontoor's commitment to returning value to its shareholders.

Positive
  • Quarterly cash dividend of $0.40 per share announced.
  • Dividend demonstrates company commitment to shareholder returns.
Negative
  • None.

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 $0.40 per share of its common stock. The cash dividend will be payable on June 18, 2021, to shareholders of record at the close of business on June 8, 2021.

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.

FAQ

What is the dividend amount declared by KTB?

Kontoor Brands has declared a quarterly cash dividend of $0.40 per share.

When is the dividend payment date for KTB?

The dividend will be payable on June 18, 2021.

What is the record date for KTB's dividend?

The record date for KTB's dividend is June 8, 2021.

How often does KTB pay dividends?

KTB pays dividends quarterly.

Is the dividend from KTB sustainable?

The sustainability of KTB's dividend will depend on the company's ongoing financial performance.

Kontoor Brands, Inc.

NYSE:KTB

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4.75B
54.15M
1.79%
95.19%
6.41%
Apparel Manufacturing
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
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United States of America
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