Dick's Sporting Goods (NYSE:DKS) declares $0.4375/share quarterly dividend, 20.7% increase from prior dividend of $0.3625.
Forward yield 1.53%
Payable Sept. 24; for shareholders of record Sept. 10; ex-div Sept. 9.
Additionally, the company announced special dividend of $5.50, payable along with the regular dividend, which will return over $475M to shareholders and is expected to be funded from cash on hand.
The company now expects to repurchase a minimum of $400M of its common stock during 2021, an increase of $200M from its prior guidance.
Forward yield 1.53%
Payable Sept. 24; for shareholders of record Sept. 10; ex-div Sept. 9.
Additionally, the company announced special dividend of $5.50, payable along with the regular dividend, which will return over $475M to shareholders and is expected to be funded from cash on hand.
The company now expects to repurchase a minimum of $400M of its common stock during 2021, an increase of $200M from its prior guidance.