The Gap, Inc. (NYSE:GAP) Announces Quarterly Dividend of $0.17

The Gap, Inc. (NYSE:GAPGet Free Report) announced a quarterly dividend on Wednesday, August 12th. Investors of record on Wednesday, October 7th will be paid a dividend of 0.175 per share on Wednesday, October 28th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, October 7th.

GAP has a dividend payout ratio of 28.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect GAP to earn $2.60 per share next year, which means the company should continue to be able to cover its $0.70 annual dividend with an expected future payout ratio of 26.9%.

GAP Trading Down 3.4%

NYSE:GAP opened at $20.24 on Thursday. GAP has a 12-month low of $18.11 and a 12-month high of $29.36. The firm has a market capitalization of $7.29 billion, a P/E ratio of 7.97, a P/E/G ratio of 1.23 and a beta of 2.05. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.81 and a quick ratio of 1.08. The business has a 50 day simple moving average of $20.28 and a 200 day simple moving average of $23.46.

GAP (NYSE:GAPGet Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). GAP had a return on equity of 21.13% and a net margin of 6.25%.The company had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.52 billion. During the same quarter in the previous year, the company earned $0.51 earnings per share. GAP’s quarterly revenue was up 1.0% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. Equities research analysts predict that GAP will post 2.34 EPS for the current year.

About GAP

(Get Free Report)

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.

Read More

Dividend History for GAP (NYSE:GAP)

Receive News & Ratings for GAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAP and related companies with MarketBeat.com's FREE daily email newsletter.