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Showing posts with the label Consumer-Discretionary

Levi Strauss hikes dividend by 7.7%

On July 10, 2025, Levi Strauss & Co (LEVI) announced that it will hike its dividend by 7.7% to 14 cents quarterly per share. This marks 5 straight years of increases.

Darden Restaurants hikes dividend by 7.1%

On June 20, 2025, Darden Restaurants (DHI) announced that it will hike its quarterly dividend by 7.1% to $1.50 per share. This marks the fifth consecutive year of increases for DHI.

Flexsteel hikes dividend by 17.6%

On June 11, 2025, Flexsteel Industries (FLXS) announced a dividend hike of 17.6% to 20 cents quarterly per share. The dividend yield for FLXS is 2.1%.

Oxford Industries hikes dividend by 3%

Oxford Industries (OXM) will hike its quarterly dividend by 3% to 69 cents per share. 

Marriott Vacations hikes dividend by 3.9% to $0.79 quarterly

On December 6, 2024, Marriott Vacations (VAC) announced a 3.9% dividend hike to $0.79 quarterly per share. The dividend yield for VAC is 3.3% at a stock price of $95.50.

Darden Restaurants hikes dividend by 8.3% to $1.31 quarterly in 2023

On June 22, 2023. Darden's Board of Directors declared a quarterly cash dividend of $1.31 per share, a 8.3% increase from the previous quarterly dividend. The new annual dividend rate of $5.24 per share yields 3.1% at a stock price of $167 for Darden. Darden Restaurants, Inc. is a full-service restaurant company with operations in the United States and Canada. Its brands include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's.  Darden Restaurants is a Florida corporation incorporated in March 1995. The company initiated a dividend in 1995 and temporarily suspended its payment in 2020 because of COVID-19. In the fourth quarter of 2020 the dividend was reinstated.

Levi Strauss hikes dividend by 20%

On July 7, 2022, LEVI declared a dividend of $0.12 per share totaling approximately $48 million, payable in Cash on August 17, 2022 to the holders of record of Class A common stock and Class B common stock at the close of business on August 1, 2022. So Levi Strauss & Co. (LEVI) will raise its quarterly dividend by another 20 percent to 12 cents per share in 2022. Earlier this year the jeans company already announced a dividend hike, bringing the total increase in 2022 to 50 percent. A new annual dividend rate of $0.48 per share yields 2.9% at a stock price of $16.41. Levi Strauss & Co. is a manufacturer of apparel. The company designs and markets jeans, casual wear and related accessories for men, women and children under the Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. Its products are sold worldwide through a combination of chain retailers, department stores, online sites, and retail stores and shop-in-shops. Levi Strauss & Co. became a pu...

Darden Restaurants hikes dividend by 10%

Darden's Board of Directors declared a quarterly cash dividend of $1.21 per share, a 10% increase from third quarter fiscal 2022, on the Company's outstanding common stock. The dividend is payable on August 1, 2022 to shareholders of record at the close of business on July 8, 2022. The new annual dividend rate of $4.84 per share yields 4.2% at a stock price of $114 for Darden. Darden Restaurants, Inc. is a full-service restaurant company with operations in the United States and Canada. Its brands include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's.  Darden Restaurants is a Florida corporation incorporated in March 1995. The company initiated a dividend in 1995 and temporarily suspended its payment in 2020 because of COVID-19. In the fourth quarter of 2020 the dividend was reinstated.

Levi Strauss hikes dividend by 26%

Levi Strauss hikes dividend by 33.3%

Levi Strauss & Co. (LEVI) will raise its quarterly dividend by another 33.3 percent to 8 cents per share in 2021. This follows a dividend hike of 50 percent to 6 cents per share in Q2 of 2021. Earlier this year the jeans company reinstated a quarterly dividend with a 4 cent per share payment. Last year the jeans maker suspended its quarterly dividend because of the COVID-19 pandemic. The company had initiated a quarterly dividend in 2019, the same year Levi Strauss went public. The next dividend will be payable in cash on or after August 18, 2021, to the holders of record of Class A common stock and Class B common stock at the close of business on August 2, 2021. A new annual dividend rate of $0.32 per share yields 1.1% at a stock price of $28.38. Levi Strauss & Co. is a manufacturer of apparel. The company designs and markets jeans, casual wear and related accessories for men, women and children under the Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen br...

Darden Restaurants hikes dividend by 25%

Darden Restaurants (DRI) will raise its dividend by another 25 percent to $1.10 per share quarterly. This is the second increase announced in 2021 for a total of 197.3 percent. Last year Darden reinstated its quarterly dividend with a new payment of $0.30 per share in the fourth quarter of 2020. Earlier in 2020 the full-service restaurant company suspended its dividend after a 17.3 percent in 2019.  The next dividend is payable on August 2, 2021 to shareholders of record at the close of business on July 9, 2021. The new annual dividend rate of $4.40 per share yields 3.1% at a stock price of $141 for Darden. Darden Restaurants, Inc. is a full-service restaurant company with operations in the United States and Canada. Its brands include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's.  Darden Restaurants is a Florida corporation incorporated in March 1995. The company initiated a dividend in 19...

Levi Strauss hikes dividend by 50%

Levi Strauss & Co. (LEVI) will raise its quarterly dividend by 50 percent to 6 cents per share in Q2 of 2021. Earlier this year the jeans company reinstated a quarterly dividend with a 4 cent per share payment. Last year the jeans maker suspended its quarterly dividend because of the COVID-19 pandemic. The company had initiated a quarterly dividend in 2019, the same year Levi Strauss went public. In today's press release, reporting Q1 2021 financial results, Levi Strauss announces the increased dividend: In April 2021, the company increased the dividend to $0.06 per share for the second quarter totaling approximately $24 million. The dividend will be payable in cash on or after May 25, 2021, to the holders of record of Class A common stock and Class B common stock at the close of business on May 7, 2021. The company will reassess dividend payments for future quarters as circumstances evolve. Levi Strauss & Co. is a manufacturer of apparel. The company designs and markets je...

Darden Restaurants hikes dividend by 137.8%

Flexsteel hikes dividend by 50%

Levi Strauss reinstates dividend

Levi Strauss & Co. (LEVI) will start paying a 4 cent per share quarterly dividend in 2021. Last year the jeans maker suspended its quarterly dividend because of the COVID-19 pandemic. The company had initiated a quarterly dividend in 2019, the same year Levi Strauss went public. The company declared and paid dividends of $0.08 per share in each of the first and second quarters collectively totaling approximately $64 million, a 16 percent increase compared to the $55 million paid in the first half of 2019. The company did not declare dividends for the third or fourth quarter.  Now the company has declared a dividend of $0.04 per share and will consider increases in dividend payments for future quarters as the business continues to improve. Based on a annual payment of 16 cents (if the dividend is maintained of course) the new dividend yield is 0.8% at a stock price of $19.68. Levi Strauss & Co. is a manufacturer of apparel. The company designs and markets jeans, casual wear ...

Darden Restaurants hikes dividend by 23.3%

Darden Restaurants (DRI) will raise its dividend by 23.3 percent to 37 cents per share. In the previous quarter the company reinstated its quarterly dividend with a new payment of $0.30 per share in the fourth quarter of 2020. Earlier this year the full-service restaurant company suspended its dividend after a 17.3 percent in 2019.  The next dividend is payable on February 1, 2021 to shareholders of record at the close of business on January 8, 2021. The new annual dividend rate yields 1.3% at a stock price of $116 for Darden. Darden announced a double digit dividend hike every year from 2016 to 2019. With a current market cap of $15.1 billion the company is one of the bigger listed restaurant stocks. Year-to-date the stock price is up 6.6 percent, reversing a big drop earlier this year because of COVID-19. Darden Restaurants, Inc. is a full-service restaurant company with operations in the United States and Canada. Its brands include Olive Garden, LongHorn Steakhouse, Cheddar's Sc...

Flexsteel Industries hikes dividend by 100%

Darden Restaurants reinstates dividend

Darden Restaurants (DRI) will reinstate its quarterly dividend with a new payment of $0.30 per share in the fourth quarter of 2020. Earlier this year the full-service restaurant company suspended its dividend after a 17.3 percent in 2019.  The next dividend is payable on November 2, 2020 to shareholders of record at the close of business on October 9, 2020. The new annual dividend rate yields 1.3% at a stock price of $90 for Darden. In Darden's press release today, reporting fiscal 2021 first quarter results, the company's Board of Directors also announced that it has reinstated a quarterly dividend and declared a quarterly cash dividend of $0.30 per share on the Company's outstanding common stock, without further commenting on this decision. The new dividend rate of 30 cents quarterly is 65.0 percent less than the $0.88 per share quarterly dividend paid by Darden before the COVID-19 pandemic. The new annual dividend rate of $1.20 per share translates into an estimated annu...

Levi Strauss suspends dividend

Levi Strauss & Co. (LEVI) will suspend its quarterly dividend because of the COVID-19 pandemic. The company says that it has determined not to declare a dividend for the third quarter of 2020 and will reassess dividend payments for the fourth quarter as circumstances evolve. The jeans maker had initiated a quarterly dividend in 2019, the same year Levi Strauss went public. Levi Strauss & Co. is a manufacturer of apparel. The company designs and markets jeans, casual wear and related accessories for men, women and children under the Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. Its products are sold worldwide through a combination of chain retailers, department stores, online sites, and retail stores and shop-in-shops. Levi Strauss & Co. became a public company in March 2019.

Flexsteel Industries cuts dividend by 77.3%