Ralph Lauren Corporation (NYSE:RL) Announces Dividend Increase – $1.00 Per Share

Ralph Lauren Corporation (NYSE:RL) announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, June 26th will be paid a dividend of 1.00 per share by the textile maker on Friday, July 10th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, June 26th. This is a 9.6% increase from Ralph Lauren’s previous quarterly dividend of $0.91.

Ralph Lauren has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 5 years. Ralph Lauren has a payout ratio of 24.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Ralph Lauren to earn $18.08 per share next year, which means the company should continue to be able to cover its $3.65 annual dividend with an expected future payout ratio of 20.2%.

Ralph Lauren Stock Up 13.9%

NYSE RL traded up $45.63 during midday trading on Thursday, hitting $374.87. 2,116,380 shares of the company traded hands, compared to its average volume of 639,201. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.10 and a quick ratio of 1.52. The company has a market cap of $22.69 billion, a PE ratio of 25.52, a price-to-earnings-growth ratio of 1.12 and a beta of 1.37. The company’s 50-day simple moving average is $352.65 and its 200-day simple moving average is $354.72. Ralph Lauren has a 52 week low of $258.13 and a 52 week high of $393.41.

Ralph Lauren (NYSE:RL) last announced its earnings results on Thursday, May 21st. The textile maker reported $2.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.28. Ralph Lauren had a return on equity of 37.97% and a net margin of 11.73%.The business had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter last year, the firm earned $2.27 EPS. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. As a group, equities research analysts forecast that Ralph Lauren will post 16.28 earnings per share for the current year.

Key Headlines Impacting Ralph Lauren

Here are the key news stories impacting Ralph Lauren this week:

• Positive Sentiment: Ralph Lauren beat earnings and revenue estimates, posting adjusted EPS of $2.80 versus $2.52 expected and revenue of $1.98 billion versus $1.85 billion expected, which suggests solid demand and better-than-expected execution. Reuters article
• Positive Sentiment: Comparable sales were strong, with direct-to-consumer comparable store sales up 17% and particularly strong growth in North America and Asia, including continued momentum in China. Wall Street Journal article
• Positive Sentiment: Margins improved, with gross margin expanding and profitability holding up well even as the company faced higher U.S. tariffs, reinforcing confidence in pricing power and brand strength. Seeking Alpha news article
• Positive Sentiment: Management also provided an initial outlook for fiscal 2027, giving investors fresh guidance after the strong quarter and supporting the move in the shares. Yahoo Finance article

Ralph Lauren Company Profile

Ralph Lauren Corporation (NYSE: RL) is a global designer, marketer and distributor of premium lifestyle products under the Ralph Lauren name and a portfolio of related brands. The company, founded by Ralph Lauren in 1967 and headquartered in New York City, has grown from a single line of men’s neckties into a global lifestyle business that spans apparel, accessories and home goods.

Ralph Lauren’s product assortment includes menswear, womenswear and childrenswear along with footwear, leather goods, eyewear, fragrances and home furnishings.