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Sterne Agee Starts Gap, Inc. (GPS) at Underperform

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Gap, Inc. (GPS) Raises Quarterly Dividend 20% to $0.15; 1.8% Yield

February 28, 2013 4:02 PM EST

Gap, Inc. (NYSE: GPS) declared a quarterly dividend of $0.15 per share, or $0.6 annualized. This is a 20% increase from the prior dividend of $0.125.

The dividend will be payable on May 1, 2013, to stockholders of record on April 10, 2013, with an ex-dividend date of April 8, 2013.... More

Gap, Inc. (GPS) Tops Q4 EPS by 2c; Comps Up 5%; Guides FY13 EPS

February 28, 2013 4:01 PM EST

Gap, Inc. (NYSE: GPS) reported Q4 EPS of $0.73, $0.02 better than the analyst estimate of $0.71. Revenue for the quarter came in at $4.73 billion versus the consensus estimate of $4.65 billion.

The companys fourth quarter comparable sales were up 5 percent compared with a 4 percent... More