Ralph Lauren Announces $1.00 Quarterly Dividend
Ralph Lauren (NYSE: RL) has declared a quarterly dividend of $1.00 per share, consistent with its previous payout. The dividend will be payable on October 9 to shareholders of record as of September 25, with an ex-dividend date also set for September 25. This results in a forward yield of approximately 1.18%. The announcement comes amid positive financial performance and strategic initiatives by the company. Ralph Lauren recently raised its FY2027 revenue growth outlook to between 5% and 6%, with an expected operating margin expansion of 60-80 basis points. The firm has also seen strong comparable sales, clean inventory levels, and a reaffirmed bull case due to durable performance. The company continues to focus on brand elevation through product lines such as denim and traditional navy coats, which were showcased at the New York Fashion Show.
Tickers: $RL
Topics: dividends financial results