Kohl’s Corporation (KSS) to Issue Quarterly Dividend of $0.12 on September 23rd

Kohl’s Corporation (NYSE:KSS) announced a quarterly dividend on Tuesday, August 18th. Shareholders of record on Wednesday, September 9th will be paid a dividend of 0.125 per share on Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, September 9th.

Kohl’s has decreased its dividend by an average of 0.1%per year over the last three years. Kohl’s has a dividend payout ratio of 98.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Analysts expect Kohl’s to earn $1.40 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 35.7%.

Kohl’s Price Performance

Shares of NYSE KSS opened at $18.80 on Thursday. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 7.97 and a beta of 1.40. The firm’s 50-day simple moving average is $18.16 and its 200 day simple moving average is $16.03. Kohl’s has a fifty-two week low of $11.38 and a fifty-two week high of $25.22. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48.

Kohl’s (NYSE:KSS) last posted its earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.05. The firm had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, research analysts anticipate that Kohl’s will post 1.36 earnings per share for the current fiscal year.

Insider Buying and Selling at Kohl’s

In related news, EVP Jennifer J. Kent sold 22,942 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $20.00, for a total transaction of $458,840.00. Following the transaction, the executive vice president owned 234,452 shares in the company, valued at $4,689,040. The trade was a 8.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.55% of the company’s stock.

Institutional Investors Weigh In On Kohl’s

Hedge funds have recently bought and sold shares of the business. IFP Advisors Inc increased its holdings in shares of Kohl’s by 3,777.6% in the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after purchasing an additional 1,851 shares in the last quarter. Farther Finance Advisors LLC grew its position in Kohl’s by 233.9% in the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after acquiring an additional 1,167 shares in the last quarter. iSAM Funds UK Ltd purchased a new stake in Kohl’s in the 3rd quarter worth about $39,000. Plato Investment Management Ltd bought a new position in shares of Kohl’s in the fourth quarter worth about $42,000. Finally, Hantz Financial Services Inc. raised its stake in shares of Kohl’s by 164.7% during the fourth quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after acquiring an additional 1,308 shares in the last quarter. Institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

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.