V.F. Corp Announces Quarterly Dividend of $0.09 Per Share

V.F. Corp (VFC) has declared a quarterly dividend of $0.09 per share, representing a forward yield of approximately 2.18%. The dividend is scheduled to be paid on December 17, with the ex-dividend date and record date both set for December 10. Despite ongoing challenges with the Vans brand, the company reaffirmed its fiscal 2027 guidance, projecting revenue growth of over 2% and free cash flow exceeding $515 million. V.F. Corp is also targeting an operating margin of at least 10% by fiscal year 2029 as it works to stabilize its portfolio.

By Urvi Shah, SA News Editor · Seeking Alpha ·

V.F. Corp Announces Quarterly Dividend of $0.09 Per Share

Tickers: $VFC

Topics: dividend declaration financial guidance free cash flow quarterly earnings revenue growth

Read the full article at Seeking Alpha

More World news