Levi Strauss & Co. (LEVI) To Go Ex-Dividend on July 22nd

Levi Strauss & Co. (NYSE:LEVI) announced a quarterly dividend on Tuesday, July 7th. Stockholders of record on Wednesday, July 22nd will be given a dividend of 0.16 per share by the blue-jean maker on Wednesday, August 5th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 22nd. This is a 14.3% increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14.

Levi Strauss & Co. has raised its dividend payment by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 4 years. Levi Strauss & Co. has a dividend payout ratio of 47.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Levi Strauss & Co. to earn $1.71 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 37.4%.

Levi Strauss & Co. Price Performance

Levi Strauss & Co. stock opened at $24.36 on Monday. The stock’s fifty day moving average price is $23.29 and its two-hundred day moving average price is $21.76. Levi Strauss & Co. has a one year low of $17.72 and a one year high of $25.58. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.98. The firm has a market cap of $9.37 billion, a PE ratio of 15.04, a price-to-earnings-growth ratio of 1.61 and a beta of 1.33.

Levi Strauss & Co. (NYSE:LEVI) last released its earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the company posted $0.22 EPS. The company’s revenue was up 8.0% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. As a group, research analysts expect that Levi Strauss & Co. will post 1.54 EPS for the current fiscal year.

About Levi Strauss & Co.

Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.

The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.