Gap Inc. announced that its board of directors authorized a first-quarter fiscal year 2025 dividend of $0.165 per share. This represents a 10% increase compared to the fourth-quarter fiscal year 2024 dividend.
The increased dividend is payable on or after April 30, 2025, to shareholders of record at the close of business on April 9, 2025. This move reflects the company's commitment to delivering value to its shareholders.
The decision to raise the dividend signals management's confidence in Gap Inc.'s ongoing financial performance and its ability to generate sustainable cash flow. This is a positive indicator for investors looking for consistent returns.
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