DICK’S Sporting Goods, Inc. Announces Quarterly Dividend of $1.25 (NYSE:DKS)

DICK’S Sporting Goods, Inc. (NYSE:DKS) announced a quarterly dividend on Wednesday, May 27th. Shareholders of record on Friday, June 12th will be paid a dividend of 1.25 per share by the sporting goods retailer on Friday, June 26th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, June 12th.

DICK’S Sporting Goods has raised its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend annually for the last 11 consecutive years. DICK’S Sporting Goods has a payout ratio of 33.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect DICK’S Sporting Goods to earn $16.07 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 31.1%.

DICK’S Sporting Goods Price Performance

DICK’S Sporting Goods stock traded down $14.97 during trading hours on Wednesday, hitting $218.16. 3,171,665 shares of the stock were exchanged, compared to its average volume of 1,181,274. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53. The stock has a market capitalization of $19.42 billion, a P/E ratio of 21.35, a P/E/G ratio of 3.29 and a beta of 1.21. DICK’S Sporting Goods has a 12 month low of $170.73 and a 12 month high of $237.75. The business’s 50-day moving average is $211.59 and its two-hundred day moving average is $209.65.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.01). DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The company had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same period last year, the company earned $3.37 earnings per share. DICK’S Sporting Goods’s revenue for the quarter was up 62.7% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Equities research analysts expect that DICK’S Sporting Goods will post 14.25 EPS for the current fiscal year.

About DICK’S Sporting Goods

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.