V.F. Corp. (VFC) Tops Q4 EPS Views; Guides FY11 EPS Above; Declares $0.63 Quarterly Dividend; 2.8% Yield

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V.F. Corporation (NYSE: VFC) reported Q4 EPS of $1.78, $0.14 better than the analyst estimate of $1.64. Revenue for the quarter came in at $2.13 billion versus the consensus estimate of $2.03 billion.

V.F. Corporation sees FY2011 EPS of $7.00-$7.10, versus the consensus of $6.79. V.F. Revenues in 2011 are expected to increase by 8 to 9%.

The Board of Directors declared a quarterly cash dividend of $0.63 per share, $2.52 annualized.

The dividend is payable on March 21, 2011 to shareholders of record as of the close of business on March 11, 2011. The ex-dividend date is March 9, 2011.

Yield on the dividend is 2.8%.

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