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Ross Stores, Inc. (NASDAQ: ROST) has declared a regular quarterly cash dividend of $0.285 per share, payable on December 31, 2021, to stockholders of record as of December 7, 2021. The company reported fiscal 2020 revenues of $12.5 billion and operates 1,629 Ross Dress for Less locations and 295 dd's DISCOUNTS stores across the U.S., offering significant savings on brand-name apparel and home fashion. This move reflects the company's ongoing commitment to returning income to its shareholders.
Positive
Quarterly cash dividend declaration of $0.285 per share.
Strong fiscal 2020 revenues of $12.5 billion.
Large network of 1,629 Ross locations and 295 dd's DISCOUNTS stores.
Negative
None.
DUBLIN, Calif.--(BUSINESS WIRE)--
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 December 31, 2021 to stockholders of record as of December 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 1,629 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 295 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.
