Kontoor Brands Increases Dividend by 4%

By Tamara Parker • Friday, April 18 15:10 • Permanent Link

Kontoor Brands, Inc. (NYSE: KTB) has declared a regular quarterly cash dividend of $0.52 per share of its common stock. This dividend will be payable on June 20, 2025, to shareholders of record at the close of business on June 10, 2025.

In the previous period, Kontoor Brands had paid a quarterly dividend of $0.50 per share. This represents an increase of $0.02 per share, or 4%, from the previous dividend payment.

Kontoor Brands, Inc. is a global lifestyle apparel company with a portfolio led by two iconic consumer brands, Wrangler® and Lee®. It designs, manufactures, distributes, and licenses high-quality products. The company is focused on leveraging its global platform, strategic sourcing model, and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. Following these announcements, the company's shares moved 2.5%, and are now trading at a price of $55.0. For more information, read the company's full 8-K submission here.

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