Carter's (CRI) Raises Quarterly Dividend 50% to $0.60; 2.2% Yield

Go back to Carter's (CRI) Raises Quarterly Dividend 50% to $0.60; 2.2% Yield

Carter’s, Inc. Announces Quarterly Dividend

November 18, 2021 8:20 PM EST

ATLANTA--(BUSINESS WIRE)-- The Board of Directors of Carters, Inc. (NYSE: CRI) today approved a 50% increase ($0.20) in the Companys quarterly cash dividend, to $0.60 per share, for payment on December 10, 2021, to shareholders of record at the close of business on December 1, 2021.

Earlier today, our Board of Directors declared a meaningful increase in Carters quarterly dividend, fully restoring it to the pre-pandemic level of distribution, said Michael D. Casey, Chairman and Chief Executive Officer. This decision was based on the progress Carters has made this past year serving the needs of families with young... More