Kontoor Brands (NYSE:KTB) announced a quarterly dividend on Tuesday, July 23rd, Zacks reports. Investors of record on Tuesday, September 10th will be paid a dividend of 0.56 per share on Friday, September 20th. This represents a $2.24 annualized dividend and a yield of 6.23%. The ex-dividend date of this dividend is Monday, September 9th.
Shares of NYSE KTB opened at $35.97 on Friday. Kontoor Brands has a 12-month low of $25.78 and a 12-month high of $41.75. The company has a debt-to-equity ratio of 12.64, a current ratio of 2.49 and a quick ratio of 1.07. The company’s 50-day simple moving average is $31.98.
Kontoor Brands (NYSE:KTB) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.29. The business had revenue of $609.74 million for the quarter, compared to analysts’ expectations of $591.36 million. During the same period in the prior year, the company posted $1.18 EPS. The firm’s revenue was down 8.2% on a year-over-year basis. As a group, equities analysts forecast that Kontoor Brands will post 3.8 earnings per share for the current year.
In other news, Director Richard Carucci purchased 5,000 shares of the company’s stock in a transaction dated Thursday, August 22nd. The stock was acquired at an average price of $33.15 per share, with a total value of $165,750.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Juliana L. Chugg purchased 8,400 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was purchased at an average cost of $29.96 per share, with a total value of $251,664.00. The disclosure for this purchase can be found here.
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