DICK’S Sporting Goods, Inc. (DKS) to Distribute Quarterly Dividend of $1.25 on September 25th

DICK’S Sporting Goods, Inc. (NYSE:DKS) declared a quarterly dividend on Monday, August 24th. Shareholders of record on Friday, September 11th will be given a dividend of 1.25 per share by the sporting goods retailer on Friday, September 25th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, September 11th.

DICK’S Sporting Goods has increased 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% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect DICK’S Sporting Goods to earn $14.00 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 35.7%.

DICK’S Sporting Goods Stock Performance

NYSE:DKS opened at $132.15 on Wednesday. The company has a market cap of $11.83 billion, a price-to-earnings ratio of 14.19, a PEG ratio of 1.61 and a beta of 1.11. DICK’S Sporting Goods has a 1 year low of $120.40 and a 1 year high of $244.38. The stock’s 50 day simple moving average is $191.44 and its two-hundred day simple moving average is $205.86. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The business had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period last year, the business posted $4.38 earnings per share. The company’s revenue for the quarter was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, equities analysts anticipate that DICK’S Sporting Goods will post 11.73 earnings per share 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.