Kontoor Brands Raises Quarterly Dividend 2% to $0.54 a Share

Kontoor Brands raised its quarterly cash dividend to $0.54 per share from $0.53, a 1-cent increase and a 2% rise. The board declared the dividend Oct. 22. The payment is scheduled for Dec. 18. Shareholders must be of record at the close of business Dec. 8 to receive it. The previous quarterly dividend was $0.53 per share, payable Sept. 18 to shareholders of record at the close of business Sept. 8. Kontoor Brands’ portfolio includes Wrangler, Lee and Helly Hansen. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost