VF Corp. Raises Quarterly Dividend by 11.6% to 48 Cents

Date : 10/25/2019 @ 11:36AM
Source : Dow Jones News
Stock : VF Corporation (VFC)
Quote : 73.2  -3.19 (-4.18%) @ 10:15PM
After Hours
Last Trade
Last $ 73.20 ◊ 0.00 (0.00%)

VF Corp. Raises Quarterly Dividend by 11.6% to 48 Cents

VF (NYSE:VFC)
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By Colin Kellaher

 

VF Corp. (VFC) Friday said its board raised the quarterly dividend by 11.6% to 48 cents from 43 cents.

The new payout, equal to $1.92 a year, represents an annual yield of about 2.11% based on Thursday's closing price of $90.82, up from about 1.89%.

The apparel maker said the increased dividend is payable Dec. 20 to shareholders of record Dec. 10.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

October 25, 2019 07:21 ET (11:21 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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