The Gap, Inc. (GAP) to Issue Quarterly Dividend of $0.17 on July 29th

The Gap, Inc. (NYSE:GAP) declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Wednesday, July 8th will be paid a dividend of 0.175 per share on Wednesday, July 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Wednesday, July 8th.

GAP has a payout ratio of 28.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect GAP to earn $2.60 per share next year, which means the company should continue to be able to cover its $0.70 annual dividend with an expected future payout ratio of 26.9%.

GAP Price Performance

GAP stock opened at $19.32 on Monday. The stock’s fifty day moving average price is $21.93 and its two-hundred day moving average price is $24.80. GAP has a one year low of $18.11 and a one year high of $29.36. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.81 and a quick ratio of 1.08. The firm has a market cap of $6.95 billion, a PE ratio of 7.61, a price-to-earnings-growth ratio of 1.13 and a beta of 2.04.

GAP (NYSE:GAP) last released its earnings results on Thursday, May 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.52 billion. GAP had a net margin of 6.25% and a return on equity of 21.13%. The business’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 earnings per share. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, research analysts expect that GAP will post 2.34 EPS for the current fiscal year.

About GAP

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.