Williams-Sonoma, Inc. (NYSE:WSM) Plans Quarterly Dividend of $0.76

Key Points

• Williams‑Sonoma declared a quarterly dividend of $0.76 per share (annualized $2.64), a 15.2% increase from the prior $0.66; the ex‑dividend/record date is April 17 and the payment date is May 22, implying a yield of about 1.7% and a payout ratio near 29%.
• The company beat EPS expectations, reporting $3.04 per share vs. $2.89 est., but revenue missed at $2.36 billion versus $2.41 billion and quarterly revenue was down 4.3% year‑over‑year; net margin was 14.3% with ROE of 53.1%.
• Shares traded up about 0.9% to $183.90 intraday; Williams‑Sonoma has a market cap of roughly $21.95 billion, a P/E of ~20.2, and a 12‑month range of $130.07–$222.00.

Williams-Sonoma, Inc. (NYSE:WSM - Get Free Report) announced a quarterly dividend on Wednesday, March 18th. Shareholders of record on Friday, April 17th will be paid a dividend of 0.76 per share by the specialty retailer on Friday, May 22nd. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, April 17th. This is a 15.2% increase from Williams-Sonoma's previous quarterly dividend of $0.66.

Williams-Sonoma has increased its dividend by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 20 years. Williams-Sonoma has a dividend payout ratio of 29.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Williams-Sonoma to earn $8.51 per share next year, which means the company should continue to be able to cover its $2.64 annual dividend with an expected future payout ratio of 31.0%.

Williams-Sonoma Stock Up 0.9%

Shares of WSM traded up $1.73 during mid-day trading on Wednesday, reaching $183.90. 3,114,711 shares of the stock traded hands, compared to its average volume of 1,135,924. The stock has a fifty day simple moving average of $204.50 and a 200 day simple moving average of $195.11. Williams-Sonoma has a 12-month low of $130.07 and a 12-month high of $222.00. The firm has a market cap of $21.95 billion, a price-to-earnings ratio of 20.23, a P/E/G ratio of 2.73 and a beta of 1.64.

Williams-Sonoma (NYSE:WSM - Get Free Report) last announced its earnings results on Wednesday, March 18th. The specialty retailer reported $3.04 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.15. The business had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.41 billion. Williams-Sonoma had a net margin of 14.30% and a return on equity of 53.10%. The business's quarterly revenue was down 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.28 earnings per share. On average, equities research analysts expect that Williams-Sonoma will post 8.36 earnings per share for the current fiscal year.

About Williams-Sonoma

Williams‑Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi‑brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher‑end interiors.

The company operates a portfolio of consumer brands that target distinct segments of the home market.

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