VF Corporation increases dividend for 45th year in 2017
Dividend Aristocrat VF Corporation (VFC) will increase its quarterly dividend to $0.46 per share in 2017. This marks the 45th consecutive year of dividend increases
On October 19, 2017, VF’s Board of Directors declared a quarterly dividend of $0.46 per share, reflecting a 10 percent increase over the previous quarter’s dividend. This dividend will be payable on December 18, 2017, to shareholders of record at the close of business on December 8, 2017.
Based on a stock price of $66.38 the estimated dividend yield for VF Corporation is 2.6%. The stock has gained 24.4% year-to-date, translating into a current market cap of $26.1 billion.
Last year VF Corp raised its dividend by almost fourteen percent.
V.F. Corporation (VF) is engaged in the design, production, procurement, marketing and distribution of branded lifestyle apparel, footwear and related products. The company's brands include The North Face, Vans, Timberland, Wrangler and Lee.