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Tapestry, Inc. (NYSE: TPR) has announced a quarterly cash dividend of $0.30 per common share. This dividend will be paid on March 27, 2023 to shareholders on record as of March 10, 2023. Tapestry encompasses renowned brands such as Coach, Kate Spade, and Stuart Weitzman, emphasizing their commitment to innovation and sustainability. The company aims to enhance the fashion industry and support community empowerment through its diverse brands, which each offer unique products and customer experiences.
Positive
Quarterly cash dividend of $0.30 per share announced.
Dividend payment date set for March 27, 2023, indicating strong cash flow.
Commitment to sustainability and community empowerment enhances brand value.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend is payable on March 27, 2023 to shareholders of record as of the close of business on March 10, 2023.
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
When will Tapestry pay its next dividend?
Tapestry will pay its next dividend on March 27, 2023.
What is the amount of Tapestry's dividend?
Tapestry's dividend is $0.30 per common share.
What is the record date for Tapestry's dividend?
The record date for Tapestry's dividend is March 10, 2023.
How often does Tapestry declare dividends?
Tapestry typically declares dividends quarterly.
Is Tapestry committed to sustainability?
Yes, Tapestry emphasizes sustainability and responsible practices in its operations.
