PVH Corp. (PVH) To Go Ex-Dividend on June 3rd

PVH Corp. (NYSE:PVH) declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Wednesday, June 3rd will be given a dividend of 0.0375 per share by the textile maker on Wednesday, June 24th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, June 3rd.

PVH has raised its dividend by an average of 0.3%per year over the last three years. PVH has a dividend payout ratio of 1.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect PVH to earn $13.61 per share next year, which means the company should continue to be able to cover its $0.15 annual dividend with an expected future payout ratio of 1.1%.

PVH Price Performance

Shares of NYSE:PVH opened at $91.66 on Friday. The company’s fifty day moving average is $76.01 and its two-hundred day moving average is $74.01. The company has a market cap of $4.20 billion, a P/E ratio of 241.21, a price-to-earnings-growth ratio of 1.00 and a beta of 1.61. PVH has a 12-month low of $59.60 and a 12-month high of $100.15. The company has a quick ratio of 0.85, a current ratio of 1.52 and a debt-to-equity ratio of 0.48.

PVH (NYSE:PVH) last issued its earnings results on Tuesday, March 31st. The textile maker reported $3.82 EPS for the quarter, topping the consensus estimate of $3.30 by $0.52. The business had revenue of $2.51 billion during the quarter, compared to analysts’ expectations of $2.43 billion. PVH had a return on equity of 11.55% and a net margin of 0.28%.PVH’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm posted $3.27 earnings per share. Equities analysts expect that PVH will post 12.06 earnings per share for the current fiscal year.

PVH Company Profile

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.

PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.