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

Kohl’s Corporation (NYSE:KSS) declared a quarterly dividend on Wednesday, May 20th. Investors 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 3.9%. The ex-dividend date of this dividend is Wednesday, June 10th.

Kohl’s has decreased its dividend payment by an average of 0.1%annually over the last three years. Kohl’s has a payout ratio of 98.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities 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 Price Performance

KSS stock opened at $12.74 on Friday. Kohl’s has a 1 year low of $7.47 and a 1 year high of $25.22. The company has a market cap of $1.43 billion, a P/E ratio of 5.40 and a beta of 1.46. The firm has a 50-day moving average of $13.38 and a 200 day moving average of $17.20. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.46 and a quick ratio of 0.37.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a net margin of 1.75% and a return on equity of 4.72%. The company had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $5.08 billion. During the same period in the prior year, the firm earned $0.95 earnings per share. Kohl’s’s revenue was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, sell-side analysts forecast that Kohl’s will post 1.31 EPS for the current year.

Institutional Investors Weigh In On Kohl’s

Several institutional investors and hedge funds have recently made changes to their positions in KSS. IFP Advisors Inc increased its position in shares of Kohl’s by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after acquiring an additional 1,851 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Kohl’s by 233.9% during the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock valued at $34,000 after acquiring an additional 1,167 shares in the last quarter. iSAM Funds UK Ltd bought a new stake in shares of Kohl’s during the third quarter valued at approximately $39,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Kohl’s by 3,855.1% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,729 shares of the company’s stock valued at $42,000 after acquiring an additional 2,660 shares in the last quarter. Finally, Plato Investment Management Ltd bought a new stake in shares of Kohl’s during the fourth quarter valued at approximately $42,000. Institutional investors 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.