Coach Keeps Dividend Steady

Coach (NYSE: COH  ) has left another shareholder payout in its bag. The company declared its latest quarterly common stock dividend, which is to be $0.3375 per share paid on September 30 to shareholders of record as of September 9. That amount matches the firm's previous distribution, which was paid in early July. Before that, Coach handed out $0.30 per share. 

Since initiating dividend payments in June 2009, the firm has paid a distribution consistently and raised the amount after every four quarters. Over that time, the payout has climbed from $0.075 to the present level.

The just-declared dividend annualizes to $1.35 per share. That yields 2.6% at Coach's current stock price of $52.65.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2604926, ~/Articles/ArticleHandler.aspx, 9/15/2014 12:35:07 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement