Levi Strauss & Co. (NYSE:LEVI) Plans Dividend Increase – $0.16 Per Share

Levi Strauss & Co. (NYSE:LEVI) announced a quarterly dividend on Wednesday, July 8th. Shareholders of record on Wednesday, July 22nd will be given a dividend of 0.16 per share by the blue-jean maker on Wednesday, August 5th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 22nd. This is a 14.3% increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14.

Levi Strauss & Co. has increased its dividend 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 41.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Levi Strauss & Co. to earn $1.68 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 33.3%.

Levi Strauss & Co. Trading Down 1.1%

Shares of LEVI stock opened at $24.38 on Thursday. The stock has a market cap of $9.38 billion, a P/E ratio of 15.53, a P/E/G ratio of 1.85 and a beta of 1.33. The company has a quick ratio of 0.97, a current ratio of 1.58 and a debt-to-equity ratio of 0.48. Levi Strauss & Co. has a fifty-two week low of $17.72 and a fifty-two week high of $25.58. The business has a fifty day simple moving average of $23.05 and a 200-day simple moving average of $21.61.

Levi Strauss & Co. (NYSE:LEVI) last released its quarterly earnings data on Wednesday, July 8th. The blue-jean maker reported $0.28 EPS for the quarter, topping the consensus estimate of $0.24 by $0.04. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Levi Strauss & Co. had a net margin of 9.52% and a return on equity of 25.35%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.22 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. On average, analysts forecast that Levi Strauss & Co. will post 1.51 earnings per share for the current fiscal year.

About Levi Strauss & Co.

Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.

The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.