V.F. Corporation (NYSE:VFC) will begin trading ex-dividend on December 9, 2020. The quarterly dividend payment of $ 0.49 per share is scheduled to be paid on December 21, 2020. The dividend yield based on the latest trading day closing price was 2.22 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of December 9, 2020.
Dividends History
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V.F. Corporation recently reported second quarter financial results on October 16, 2020, before market open, the Greensboro based company disclosed income for the second quarter of $ 0.62 per share, from the revenue of $ 2,608.00 million, On adjusted basis, VFC reported income for the quarter of $ 0.67 per share. The quarterly earnings decreased 61.49 percent while revenues down 17.98 percent compared with the same quarter last year. Wall street analysts are predicting, VFC to report 2Q21 income of $ 0.49 per share from revenue of $ 2497.99 million. The bottom line results beat street analysts by $ 0.18 or 36.73 percent, at the same time, top line results outshined analysts by $ 110.01 million or 4.40 percent.
Stock Performance
Shares of V.F. Corporation traded low $ -0.85 or -0.95 percent on Monday, reaching $ 88.30 with volume of 1.30 million shares. V.F. Corporation has traded high as $ 88.86 and has cracked $ 87.14 on the downward trend
According to the previous trading day, closing price of $ 88.30, representing a 97.80 % increase from the 52 week low of $ 45.07 and a 11.07 % decrease over the 52 week high of $ 100.25.
The company has a market capital of $ 34.44 billion and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.
V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through four segments: Outdoor, Active, Work, and Jeans.
