Kohl’s Corporation (KSS) To Go Ex-Dividend on June 10th

Kohl’s Corporation (NYSE:KSS) declared a quarterly dividend on Wednesday, May 20th. Shareholders of record on Wednesday, June 10th will be given a dividend of 0.125 per share on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, June 10th.

Kohl’s has decreased its dividend by an average of 0.1%annually over the last three years. Kohl’s has a payout ratio of 98.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Analysts expect Kohl’s to earn $1.41 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 35.5%.

Kohl’s Trading Up 0.0%

NYSE KSS opened at $15.46 on Monday. The firm’s 50-day moving average is $13.75 and its two-hundred day moving average is $17.00. Kohl’s has a 12 month low of $7.93 and a 12 month high of $25.22. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31. The stock has a market capitalization of $1.75 billion, a P/E ratio of 6.55 and a beta of 1.45.

Kohl’s (NYSE:KSS) last posted its earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the prior year, the company posted ($0.13) earnings per share. Kohl’s’s revenue for the quarter was down 1.7% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, sell-side analysts anticipate that Kohl’s will post 1.31 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Kohl’s by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock valued at $248,630,000 after buying an additional 273,500 shares during the period. Dimensional Fund Advisors LP grew its holdings in Kohl’s by 13.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company’s stock valued at $81,811,000 after buying an additional 744,539 shares during the period. American Century Companies Inc. grew its holdings in Kohl’s by 7.5% in the 3rd quarter. American Century Companies Inc. now owns 5,042,333 shares of the company’s stock valued at $77,501,000 after buying an additional 351,691 shares during the period. Geode Capital Management LLC grew its holdings in Kohl’s by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock valued at $55,177,000 after buying an additional 47,037 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Kohl’s by 107.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock valued at $31,980,000 after buying an additional 1,286,710 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

About Kohl’s

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.