Kontoor Brands (KTB) hikes dividend by 1.9%
Kontoor Brands (KTB) announced a 1.9% increase in its quarterly dividend from $0.53 to $0.54 per share on October 22, 2026. The latest hike extends the apparel company's dividend growth record to six years, although annual dividend increases have slowed compared with earlier years.
The new quarterly dividend brings Kontoor Brands' annualized payout to $2.16 per share. As of October 26, 2026, KTB traded at $75.80, representing a dividend yield of approximately 2.8%. The ex-dividend date is December 8, 2026, with payment scheduled for December 18, 2026.
Kontoor Brands Dividend Growth History
Kontoor Brands has a six-year dividend growth record, with dividend payments dating back to 2019. The company's five-year dividend compound annual growth rate (CAGR) stands at 3.3%. The latest increase follows another 1.9% hike in 2025.
Kontoor Brands' dividend growth has slowed considerably in recent years. The company increased its dividend by 4.3% in 2022, 4.2% in 2023 and 4.0% in 2024, followed by identical increases of 1.9% in both 2025 and 2026.
The historical dividend record also includes a 28.6% reduction in 2020. No annual growth percentage is available for 2021 in the dividend history shown above. The latest dividend of $0.54 per share brings the annualized payout to $2.16, with a five-year dividend CAGR of 3.3%.
Kontoor Brands confirmed the latest quarterly dividend increase in its October 22 dividend announcement.
KTB Share Price, Dividend Yield and Market Value
As of October 26, 2026, Kontoor Brands shares had gained 27.3% year-to-date, with the stock trading at $75.80. The company's market capitalization stood at approximately $4.1 billion.
Based on the new annualized dividend of $2.16 per share, KTB's regular dividend yield stands at approximately 2.8% at the October 26 share price.
Kontoor Brands is a global apparel company whose portfolio includes Wrangler, Lee and Helly Hansen. Its products include denim, casual clothing, outdoor apparel and workwear, sold through retail and direct-to-consumer channels.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.