DICK’S Sporting Goods, Inc. (NYSE:DKS) Increases Dividend to $1.25 Per Share

DICK’S Sporting Goods, Inc. (NYSE:DKSGet Free Report) announced a quarterly dividend on Wednesday, March 11th. Stockholders of record on Friday, March 27th will be paid a dividend of 1.25 per share by the sporting goods retailer on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, March 27th. This is a 3.1% increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.21.

DICK’S Sporting Goods has increased its dividend by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 11 years. DICK’S Sporting Goods has a payout ratio of 32.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect DICK’S Sporting Goods to earn $14.79 per share next year, which means the company should continue to be able to cover its $4.85 annual dividend with an expected future payout ratio of 32.8%.

DICK’S Sporting Goods Stock Up 0.8%

Shares of DKS traded up $1.64 during mid-day trading on Thursday, hitting $197.17. The company’s stock had a trading volume of 3,419,128 shares, compared to its average volume of 1,214,663. The company has a current ratio of 1.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average is $206.14 and its 200-day moving average is $214.58. DICK’S Sporting Goods has a 52-week low of $166.37 and a 52-week high of $237.31. The firm has a market capitalization of $17.74 billion, a price-to-earnings ratio of 15.86, a PEG ratio of 2.53 and a beta of 1.23.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last issued its quarterly earnings data on Thursday, March 12th. The sporting goods retailer reported $3.45 EPS for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. The company had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $6.06 billion. DICK’S Sporting Goods had a net margin of 6.86% and a return on equity of 30.55%. DICK’S Sporting Goods’s revenue for the quarter was up 59.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.62 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, equities research analysts forecast that DICK’S Sporting Goods will post 13.89 EPS for the current fiscal year.

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DICK’S Sporting Goods Company Profile

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DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.

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Dividend History for DICK'S Sporting Goods (NYSE:DKS)

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