Ross Stores Announces Quarterly Dividend

Rhea-AI Summary

Ross Stores, Inc. (NASDAQ: ROST) declared a quarterly cash dividend of $0.285 per share, payable on September 30, 2021 to stockholders of record as of September 7, 2021. The company, a member of the S&P 500 and Fortune 500, reported fiscal 2020 revenues of $12.5 billion. Ross operates 1,611 Ross Dress for Less locations and 285 dd's DISCOUNTS stores, offering significant savings on name-brand apparel and home fashions, typically at discounts of 20% to 70% off regular prices.

Positive

• Quarterly cash dividend of $0.285 per share enhances shareholder income.
• Fiscal 2020 revenues of $12.5 billion indicate strong financial 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 September 30, 2021 to stockholders of record as of September 7, 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 1,611 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 285 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/20210818005820/en/

FAQ

What is the dividend payout date for Ross Stores (ROST)?

The dividend payout date for Ross Stores is September 30, 2021.

What is the dividend amount declared by Ross Stores (ROST)?

Ross Stores declared a quarterly cash dividend of $0.285 per common share.

When is the record date for the Ross Stores (ROST) dividend?

The record date for the dividend is September 7, 2021.

How much revenue did Ross Stores (ROST) generate in fiscal 2020?

Ross Stores generated $12.5 billion in revenue during fiscal 2020.