Kohl's Corporation (NYSE:KSS) Declares $0.12 Quarterly Dividend

Key Points

• Kohl’s declared a quarterly dividend of $0.125 per share, payable September 23 to shareholders of record on September 9. The dividend implies a 2.7% yield and $0.50 annualized payout.
• The dividend is supported by an expected future payout ratio of 35.7%, though its current payout ratio is high at 98%; Kohl’s has modestly reduced its dividend over the past three years.
• Kohl’s shares opened at $18.70, with a market capitalization of approximately $2.12 billion. The retailer’s latest quarterly results beat estimates, reporting a loss of $0.13 per share versus expectations of a $0.18 loss.

Kohl's Corporation (NYSE:KSS - Get Free Report) declared a quarterly dividend on Tuesday, August 18th. Stockholders of record on Wednesday, September 9th will be given a dividend of 0.125 per share on Wednesday, September 23rd. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, September 9th.

Kohl's has decreased its dividend by an average of 0.1%per year over the last three years. Kohl's has a payout ratio of 98.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company's earnings decline. Research analysts expect Kohl's to earn $1.40 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 35.7%.

Kohl's Stock Down 3.0%

NYSE KSS opened at $18.70 on Wednesday. The business's fifty day simple moving average is $18.10 and its 200-day simple moving average is $16.02. The company has a quick ratio of 0.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.93. The firm has a market cap of $2.12 billion, a PE ratio of 7.93 and a beta of 1.40. Kohl's has a 52 week low of $11.38 and a 52 week high of $25.22.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.05. The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $2.99 billion. Kohl's had a net margin of 1.76% and a return on equity of 4.67%. Kohl's's quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.13) earnings per share. Kohl's has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities analysts anticipate that Kohl's will post 1.36 earnings per share for the current year.

About Kohl's

Kohl's Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl's has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer's merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.

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