Tapestry dividend yield calculator – Tapestry Declares 0.3 Cash Dividend
March 20, 2023
Dividends Yield
On March 1 2023, Tapestry ($NYSE:TPR) Inc. declared a 0.3 cash dividend for their investors. This is great news for investors looking to benefit from dividend yields. Tapestry Inc. has issued an annual dividend per share of 1.1 and 1.0 USD in the last two years, with dividend yields estimated to be 3.17% and 2.62%, resulting in an average dividend yield of 2.9%.
Adding Tapestry Inc. to your list of stocks may be beneficial if you’re looking to receive regular dividend payments. The ex-dividend date for the cash dividend is March 9 2023, so you must purchase the stock before or on this date in order to qualify for the dividend payment.
Stock Price
The news was announced after the stock market closed on Tuesday, and when the markets opened on Wednesday, TAPESTRY stock opened at $43.8 and closed at $43.2, down by 0.6% from its last closing price of 43.5. Despite this slight dip in the stock price, analysts believe that the dividend announcement should lead to a positive sentiment in the long-term, as Tapestry Inc. continues to demonstrate its commitment to delivering value to its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tapestry. More…
| Total Revenues | Net Income | Net Margin |
| 6.59k | 836.7 | 12.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tapestry. More…
| Operations | Investing | Financing |
| 647.5 | 282.7 | -1.33k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tapestry. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.26k | 4.94k | 9.8 |
Key Ratios Snapshot
Some of the financial key ratios for Tapestry are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.1% | 16.5% | 16.3% |
| FCF Margin | ROE | ROA |
| 7.8% | 29.4% | 9.3% |
Analysis
At GoodWhale, we take a closer look at TAPESTRY‘s fundamentals to understand what type of investors may be interested in the company. Based on our Star Chart, TAPESTRY is classified as ‘cow’, which means that it has the track record of paying out consistent and sustainable dividends. TAPESTRY receives a high health score of 8/10 from us, suggesting that it is capable of paying off its debt and funding future operations. Furthermore, its fundamentals are strong in dividend and profitability, medium in growth, but weak in asset. All these factors could be attractive to potential investors that are keen on a company with stable income and moderate risk. More…
Peers
In the luxury goods industry, Tapestry Inc. competes against companies like CCC SA, Prada SpA, and Nordstrom Inc. While each company has its own unique strengths, Tapestry Inc. has been able to compete effectively by offering a combination of high-quality products, exclusive designs, and excellent customer service. As a result, Tapestry Inc. has been able to maintain a loyal customer base and grow its business.
– CCC SA ($LTS:0LS5)
CCA SA is a Chile-based holding company engaged in the telecommunications sector. The Company’s main shareholder is América Móvil, S.A.B. de C.V. (AMX), through its subsidiary Telmex Internacional, S.A.B. de C.V. (Telmex). CCA SA’s subsidiaries include VTR Chile S.A., an operator of a pay television and Internet service; VTR Banda Ancha Ltda., a provider of broadband Internet; Willax TV Ltda., an over-the-air television broadcaster; Nextel Chile Ltda., a provider of digital mobile radio communications services; and Núcleo Ltda., a provider of telecommunications infrastructure.
– Prada SpA ($SEHK:01913)
Prada SpA is an Italian luxury fashion house that designs, manufactures, and markets men’s and women’s clothing, footwear, handbags, and other accessories. The company has a market cap of 96.72B as of 2022 and a Return on Equity of 11.91%. Prada was founded in 1913 by Mario Prada and is currently headed by Miuccia Prada. The company’s products are sold through its own boutiques, department stores, and online.
– Nordstrom Inc ($NYSE:JWN)
Nordstrom, Inc. is a leading fashion retailer offering quality apparel, shoes, and accessories for men, women, and children. Nordstrom operates more than 120 stores in the United States and Canada, and also has an e-commerce business. The company’s strong performance is due in part to its focus on customer service and providing a unique shopping experience. Nordstrom’s market cap is 3.15B as of 2022, and its ROE is 70.09%. Nordstrom is a publicly traded company on the Nasdaq stock exchange.
Summary
TAPESTRY is a stock option that investors may want to consider for its attractive dividends. Over the past two years, it has issued an annual dividend per share of 1.1 and 1.0 USD, respectively, with estimated yields ranging from 3.17% to 2.62%. On average, this translates to a dividend yield of 2.9%, providing potential investors with a steady stream of income. Additionally, TAPESTRY’s stability and promising financial outlook make it a reliable investment opportunity worth exploring.
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