Kontoor Brands dividend yield calculator – Kontoor Brands Inc Declares 0.48 Cash Dividend
June 17, 2023
🌥️Dividends Yield
On June 8 2023, Kontoor Brands ($NYSE:KTB) Inc Declares 0.48 Cash Dividend for its investors. For those looking for dividend stocks, KONTOOR BRANDS could be a great pick. The company has consistently issued an annual dividend per share of 1.88 USD in 2021, 1.86 USD in 2022, and 1.66 USD in 2023, with respective dividend yields of 4.73%, 4.59%, and 3.08%.
This brings the average dividend yield to a solid 4.13%. The ex-dividend date is on June 8 2023, making it the perfect time for investors to jump in and reap the benefits of this generous dividend.
Share Price
Reflecting this announcement, KONTOOR BRANDS stock opened at $41.9 and closed at $43.0, up by 1.0% from its prior closing price of 42.5. The quarterly dividend is expected to provide stable cash returns to shareholders over the long-term. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kontoor Brands. More…
| Total Revenues | Net Income | Net Margin |
| 2.62k | 230.98 | 8.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kontoor Brands. More…
| Operations | Investing | Financing |
| -3.87 | -36.89 | -93.94 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kontoor Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.64k | 1.34k | 4.52 |
Key Ratios Snapshot
Some of the financial key ratios for Kontoor Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.9% | 25.1% | 12.9% |
| FCF Margin | ROE | ROA |
| -1.5% | 84.4% | 12.9% |
Analysis
At GoodWhale, we analyzed KONTOOR BRANDS‘s financials and found that the company has a high health score of 8/10 with regard to its cashflows and debt, meaning it is capable to safely ride out any crisis without the risk of bankruptcy. According to our Star Chart, KONTOOR BRANDS is classified as ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. The company is strong in profitability and medium in asset, dividend and growth. This indicates that KONTOOR BRANDS is a safe investment and may be attractive to investors who are looking for a stable return on their investment. The company’s relatively low growth rate may be attractive to more conservative investors that are not looking for high returns and are more risk-averse. Furthermore, due to the strong profitability of the company, it may be appealing to value investors who are looking for good returns at reasonable prices. More…
Peers
Its competitors include Tristate Holdings Ltd, Kitex Garments Ltd, and Weyco Group Inc. All three companies are engaged in the design, manufacture, and marketing of apparel.
– Tristate Holdings Ltd ($SEHK:00458)
Tristate Holdings Ltd is a holding company that is engaged in a wide range of businesses in the Bahamas. The company’s businesses include investment holding, property development and management, food and beverage, retail, and others. The company has a market cap of 146.67M as of 2022 and a Return on Equity of 10.38%. Tristate Holdings Ltd is a diversified company with a wide range of businesses that provides investors with exposure to different industries and sectors. The company’s strong ROE indicates that it is a well-managed company that is generateing good returns for shareholders.
– Kitex Garments Ltd ($BSE:521248)
Kitex Garments Ltd is one of the leading garment manufacturers in India with a market cap of 13.72B as of 2022. The company has a Return on Equity of 15.26%. Kitex Garments Ltd is engaged in the business of manufacturing and exporting of readymade garments for infants, children and adults. The company has a wide range of products that include innerwear, outerwear, sleepwear and other garments.
– Weyco Group Inc ($NASDAQ:WEYS)
Weyco Group Inc is a publicly traded company with a market cap of 235.36M as of 2022. The company has a Return on Equity of 9.87%. Weyco Group Inc is engaged in the design, manufacture and marketing of footwear for men, women and children under the brands of Nunn Bush, Stacy Adams, BOGS, Florsheim, Umi, and Bates.
Summary
Kontoor Brands is a good option for investors looking for dividend stocks. The company has consistently issued an annual dividend per share over the last three years, reaching 1.88 USD in 2021, 1.86 USD in 2022, and 1.66 USD in 2023. These respective dividend yields were 4.73%, 4.59%, and 3.08%. On average, Kontoor Brands’ dividend yield is 4.13%, which is quite high and could be attractive for dividend-seeking investors.
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