Kontoor Brands, Inc. ($KTB) Ex-Dividend Date Scheduled For Tomorrow, December 9, 2020

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Kontoor Brands, Inc. (NYSE:KTB) will begin trading ex-dividend on December 9, 2020. The quarterly dividend payment of $ 0.40 per share is scheduled to be paid on December 18, 2020. The dividend yield based on the latest trading day closing price was 3.56 percent. Shareholders who purchased KTB shares prior to the ex-dividend date are eligible for the cash dividend payment.

Dividends History
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Click Here For More Historical Dividends Of Kontoor Brands, Inc.

Kontoor Brands, Inc. recently reported third quarter financial results on October 29, 2020, before market open, the Greensboro based company revealed income for the third quarter of $ 1.33 per share, from the revenue of $ 583.22 million. The quarterly earnings surged 40.00 percent while revenues down 8.61 percent compared with the same quarter last year.
According to street consensus, KTB was expected to report 3Q20 income of $ 0.58 per share from revenue of $ 548.96 million. The bottom line results beat street analysts by $ 0.75 or 129.31 percent, at the same time, top line results outshined analysts by $ 34.26 million or 6.24 percent.

Stock Performance

Shares of Kontoor Brands, Inc. traded up $ 0.05 or 0.11 percent on Monday, reaching $ 44.91 with volume of 261.00 thousand shares. Kontoor Brands, Inc. has traded high as $ 45.20 and has cracked $ 44.10 on the downward trend

According to the previous trading day, closing price of $ 44.91, representing a 247.48 % increase from the 52 week low of $ 12.91 and a 0.75 % decrease over the 52 week high of $ 45.20.

The company has a market capital of $ 2.57 billion and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.

Kontoor Brands, Inc. designs, manufactures, sources, markets, and distributes apparel under the Wrangler and Lee brands in the United States and internationally. The company sells its products primarily through mass and mid-tier retailers, specialty stores, department stores, and retailer-owned and third-party e-commerce sites, as well as sell its products through direct-to-consumer channels, including full-price stores, outlet stores, and its Websites.