V.F. Corporation (NYSE:VFC) Plans Quarterly Dividend of $ 0.49

V.F. Corporation (NYSE:VFC) declared quarterly dividend of $ 0.49 per share, or $ 1.96 annualized.

The dividend will be payable on December 21, 2020, to stockholders of record on December 10, 2020, with an ex-dividend date of December 9, 2020.

Dividends History

Click Here For More Historical Dividends Of V.F. Corporation

V.F. Corporation recently reported second quarter financial results on October 16, 2020, before market open, the Greensboro based company unfold income for the second quarter of $ 0.62 per share, from the revenue of $ 2,608.32 million, On adjusted basis, VFC reported income for the quarter of $ 0.67 per share. The quarterly earnings lowered 61.49 percent while revenues dropped 17.97 percent compared with the same quarter last year. The consensus estimates are income of $ 0.49 per share from $ 2497.99 million in revenue. The bottom line results beat street analysts by $ 0.18 or 36.73 percent, at the same time, top line results outshined analysts by $ 110.33 million or 4.42 percent.

Stock Performance

Shares of V.F. Corporation traded low $ -1.87 or -2.40 percent on Friday, reaching $ 75.88 with volume of 813.10 thousand shares. The stock opened positive for the day at $ 78.00, after closing the previous day trading at $ 77.74.

According to the previous trading day, closing price of $ 77.74, representing a 72.49 % increase from the 52 week low of $ 45.07 and a 22.45 % decrease over the 52 week high of $ 100.25.

The company has a market capital of $ 29.56 billion and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through four segments: Outdoor, Active, Work, and Jeans.