HanesBrands (HBI) Raises Quarterly Dividend 33.3% to $0.40; 1.4% Yield

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HanesBrands (HBI) Approves Four-for-One Split

January 28, 2015 8:35 AM EST

HanesBrands (NYSE: HBI) announced that its Board of Directors is raising the companys quarterly cash dividend by 33 percent and has approved a 4-for-1 stock split to be executed in the form of a stock dividend issued to stockholders.

Hanes is generating significant value for shareholders through earnings growth, a strong balance sheet and significant cash flow, Hanes Chairman and Chief Executive Officer Richard A.... More