Ross Stores Announces Quarterly Dividend

Rhea-AI Summary

Ross Stores, Inc. (NASDAQ: ROST) declared a quarterly cash dividend of $0.285 per common share, payable on June 30, 2021, to stockholders of record as of June 8, 2021.

With fiscal 2020 revenues of $12.5 billion, Ross operates the largest off-price apparel and home fashion chain in the U.S., with 1,589 locations. The Company also runs 277 dd’s DISCOUNTS stores, offering significant savings on first-quality, in-season products.

Positive

• Regular quarterly cash dividend of $0.285 enhances shareholder income.
• Strong fiscal 2020 revenues of $12.5 billion indicate a robust business performance.

Negative

• None.

Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.285 per common share, payable on June 30, 2021 to stockholders of record as of June 8, 2021.

Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2020 revenues of $12.5 billion. Currently, the Company operates Ross Dress for Less^® (“Ross”), the largest off-price apparel and home fashion chain in the United States with 1,589 locations in 40 states, the District of Columbia, and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operates 277 dd’s DISCOUNTS^® stores in 21 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at www.rossstores.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210519005950/en/

FAQ

When is the Ross Stores dividend payment date for 2021?

The dividend payment date is June 30, 2021.

What is the amount of the Ross Stores quarterly dividend?

The quarterly dividend amount is $0.285 per common share.

Who is eligible for the Ross Stores dividend?

Stockholders of record as of June 8, 2021, are eligible for the dividend.

What are the fiscal 2020 revenues for Ross Stores?

Ross Stores reported fiscal 2020 revenues of $12.5 billion.