Levi Strauss & Co. (NYSE:LEVI) to Issue Quarterly Dividend of $0.16

Levi Strauss & Co. (NYSE:LEVI) announced a quarterly dividend on Wednesday, October 7th. Investors of record on Wednesday, October 21st will be given a dividend of $0.16 per share by the blue-jean maker on Wednesday, November 4th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, October 21st.

Levi Strauss & Co. has raised its dividend payment by an average of 0.3%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. Levi Strauss & Co. has a dividend payout ratio of 47.1% meaning its dividend is sufficiently covered by earnings. Research 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. Trading Down 5.1%

LEVI opened at $19.48 on Thursday. Levi Strauss & Co. has a fifty-two week low of $17.72 and a fifty-two week high of $25.70. The firm has a market capitalization of $7.50 billion, a PE ratio of 12.03, a P/E/G ratio of 1.35 and a beta of 1.32. 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 company’s 50-day moving average is $21.30 and its 200 day moving average is $22.14.

Levi Strauss & Co. (NYSE:LEVI) last released its quarterly earnings results on Wednesday, October 7th. The blue-jean maker reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.12. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.62 billion. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. As a group, research analysts predict that Levi Strauss & Co. will post 1.54 earnings per share for the current fiscal year.

Levi Strauss & Co. Company Profile

Levi Strauss & Co is an apparel company best known for its Levi’s brand of denim jeans and related clothing. Its product portfolio includes jeans, tops, bottoms, jackets, footwear, accessories and other casualwear for men, women and children.

Founded in 1853 and headquartered in San Francisco, California, the company also owns the Dockers, Beyond Yoga and Signature by Levi Strauss & Co brands. Levi Strauss & Co sells its products through company-operated stores, e-commerce platforms, wholesale partners and other distribution channels.

The company serves customers in North America, Europe, Asia and other international markets.