Gap, Inc. (GPS) Declares $0.12 Quarterly Dividend; Resumes Buybacks

May 11, 2021 5:16 PM EDT

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Gap, Inc. (NYSE: GPS) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on July 28, 2021, to stockholders of record on July 7, 2021, with an ex-dividend date of July 6, 2021.

The annual yield on the dividend is 1.4 percent.

Additionally, the company announced the resumption of its share repurchase program, which has $800 million of its $1 billion authorization remaining. Subject to market conditions and other considerations, the company currently intends to repurchase up to $200 million of shares under the program in the remainder of fiscal year 2021.

For a dividend history and other dividend-related data on Gap, Inc. (GPS) click here.

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