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Tapestry, Inc. (NYSE: TPR) has declared a $0.25 quarterly cash dividend per common share, payable on March 28, 2022, to shareholders of record as of March 4, 2022. The company, which owns luxury brands Coach, Kate Spade, and Stuart Weitzman, focuses on innovation and sustainability while offering distinctive products across various channels. This dividend announcement indicates a commitment to returning value to shareholders.
Positive
Quarterly cash dividend of $0.25 per share enhances shareholder value.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands including Coach, Kate Spade, and Stuart Weitzman, today announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per common share. The dividend is payable on March 28, 2022 to shareholders of record as of the close of business on March 4, 2022.
Our global house of brands unites the magic of Coach, kate spade new york and Stuart Weitzman. Each of our brands are unique and independent, while sharing a commitment to innovation and authenticity defined by distinctive products and differentiated customer experiences across channels and geographies. We use our collective strengths to move our customers and empower our communities, to make the fashion industry more sustainable, and to build a company that’s equitable, inclusive, and diverse. Individually, our brands are iconic. Together, we can stretch what’s possible. To learn more about Tapestry, please visit www.tapestry.com. For important news and information regarding Tapestry, visit the Investor Relations section of our website at www.tapestry.com/investors. In addition, investors should continue to review our news releases and filings with the SEC. We use each of these channels of distribution as primary channels for publishing key information to our investors, some of which may contain material and previously non-public information. The Company’s common stock is traded on the New York Stock Exchange under the symbol TPR.
Tapestry, Inc. Media:
Andrea Shaw Resnick Chief Communications Officer
212/629-2618
aresnick@tapestry.com
Analysts and Investors:
Christina Colone Global Head of Investor Relations
212/946-7252
ccolone@tapestry.com
Kelsey Mueller 212/946-8183
Director of Investor Relations
kmueller@tapestry.com
Source: Tapestry, Inc.
FAQ
What is Tapestry's dividend amount and payment date for 2022?
Tapestry announced a quarterly cash dividend of $0.25 per share, payable on March 28, 2022.
When is the record date for Tapestry's dividend?
The record date for Tapestry's dividend is March 4, 2022.
How often does Tapestry pay dividends?
Tapestry typically pays dividends quarterly.
What is the significance of Tapestry's dividend announcement?
The dividend announcement reflects Tapestry's commitment to providing returns to its shareholders.
