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Ralph Lauren Corporation Declares Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Ralph Lauren Corporation (NYSE: RL) has declared a quarterly dividend of $0.75 per share, payable on April 14, 2023, to shareholders of record by the close of business on March 31, 2023. This dividend reflects the company’s commitment to returning value to its shareholders amidst its longstanding reputation as a leader in luxury lifestyle products across various categories, including apparel and home goods.
Positive
Quarterly dividend of $0.75 enhances shareholder returns.
Demonstrates ongoing commitment to shareholder value.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
Ralph Lauren Corporation (NYSE: RL) announced that its Board of Directors has declared a regular quarterly dividend of $0.75 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on April 14, 2023 to shareholders of record at the close of business on March 31, 2023.
ABOUT RALPH LAUREN Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing, and distribution of luxury lifestyle products in five categories: apparel, footwear & accessories, home, fragrances and hospitality. For more than 50 years, Ralph Lauren has sought to inspire the dream of a better life through authenticity and timeless style. Its reputation and distinctive image have been developed across a wide range of products, brands, distribution channels, and international markets. The Company’s brand names – which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, and Chaps, among others – constitute one of the world’s most widely recognized families of consumer brands. For more information, go to https://investor.ralphlauren.com.