Oxford Industries dividend – OXFORD INDUSTRIES INC Announces 0.65 Cash Dividend
April 4, 2023
Dividends Yield
OXFORD INDUSTRIES ($NYSE:OXM) INC, a leading global manufacturer and supplier of apparel and accessories, announced on April 1st 2023 that they would be distributing a cash dividend of 0.65 US Dollars per share. This dividend is part of the company’s commitment to distribute an annual dividend per share at a rate of 2.2 US Dollars since the year 2023. This leading dividend rate has resulted in a dividend yield of 2.17% in the 2023-2023 period. The consistent dividend rate and the average dividend yield of 2.17% makes OXFORD INDUSTRIES an attractive investment for those seeking dividend stocks. Notably, the due ex-dividend date for this stock is on April 13th, 2023.
The ex-dividend date is the day on which shareholders who are eligible for the dividend will no longer receive the dividend as of that day. Overall, OXFORD INDUSTRIES’s commitment to rewarding shareholders with dividends is a great way to incentivize investors and reward them for their loyalty. Knowing that the long-term cash flow of the company is secure, investors may be more confident in investing in OXFORD INDUSTRIES’s stock.
Share Price
The announcement triggered a moderate increase in the company’s stock, which opened at $105.3 and closed at $106.4, up by 0.8% from its prior closing price of 105.6. This marks the second consecutive quarter that Oxford Industries has declared a dividend, reaffirming its commitment to providing returns to shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Oxford Industries. More…
| Total Revenues | Net Income | Net Margin |
| 1.41k | 165.74 | 11.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Oxford Industries. More…
| Operations | Investing | Financing |
| 125.61 | -151.75 | -11.53 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Oxford Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.19k | 632.39 | 33.7 |
Key Ratios Snapshot
Some of the financial key ratios for Oxford Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.9% | 32.7% | 15.5% |
| FCF Margin | ROE | ROA |
| 5.6% | 25.1% | 11.5% |
Analysis – Oxford Industries Intrinsic Value Calculator
At GoodWhale, we recently analyzed the financials of OXFORD INDUSTRIES and found that the fair value of its share is around $112.0. This was calculated by our proprietary Valuation Line, which takes into account numerous factors such as the company’s earnings, growth rate and dividend payments. However, OXFORD INDUSTRIES stock is currently traded at $106.4, a price which is undervalued by 5.0%. This means that investors who wish to buy stock in OXFORD INDUSTRIES can benefit from the current pricing and potentially make a good return on their investment. More…
Peers
The Company operates in three segments: Retail, Direct-to-Consumer, and Wholesale. Oxford’s competitors in the retail apparel industry are Superior Group Of Companies Inc, Levi Strauss & Co, JLM Couture Inc.
– Superior Group Of Companies Inc ($NASDAQ:SGC)
Superior Group of Companies, Inc. is a holding company, which engages in the provision of staffing, managed services, and outsourcing solutions. It operates through the following segments: Staffing Services, On-Site Services, and Strategic Sourcing. The Staffing Services segment offers temporary and direct placement staffing services. The On-Site Services segment provides on-site management services, employee assessments, training, and development programs. The Strategic Sourcing segment offers engineering and technical, professional, and industrial staffing solutions. The company was founded by Richard J. Superior in 1957 and is headquartered in Milwaukee, WI.
– Levi Strauss & Co ($NYSE:LEVI)
Levi Strauss & Co. is a clothing company that designs and manufactures jeans, casual wear, and workwear. The company was founded in 1853 and is headquartered in San Francisco, California. As of 2022, Levi Strauss & Co has a market cap of $6.02 billion and a return on equity of 24.76%. The company’s products are sold in more than 110 countries and its Levi’s brand is one of the most recognizable brands in the world.
– JLM Couture Inc ($OTCPK:JLMC)
JLM Couture Inc is a bridal wear company that designs, manufactures, and sells wedding dresses and bridal accessories. It was founded in 1991 by Jacques Morali and is headquartered in New York City, New York. The company has a market cap of 4.24M as of 2022. JLM Couture’s products are sold in over 1,400 stores in the United States and Canada, and the company has showrooms in New York, Los Angeles, Toronto, and London.
Summary
OXFORD INDUSTRIES has been a consistent and reliable dividend investor since 2023. It has distributed an annual dividend per share of 2.2 US Dollars leading to a yield of 2.17% in the 2023-2023 period. This makes it a viable investment option for those who are looking for a steady income stream from their stock portfolio. Its ability to maintain a consistent dividend yield over a long period of time is attractive, and its sound financials make it a solid choice for dividend seekers.
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