UPDATE: Gap, Inc. (GPS) Raises Quarterly Dividend 25% to $0.15; 4.2% Yield

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Gap Inc. Announces Plan to Increase Dividend by 25 Percent

February 24, 2022 4:30 PM EST

SAN FRANCISCO--(BUSINESS WIRE)-- Gap Inc. (NYSE: GPS) today announced its board of directors approved plans to increase the companys annual dividend per share to $0.60 in fiscal year 2022, a 25 percent increase from the companys current annualized rate of $0.48.

The company announced that its board of directors has authorized a first quarter fiscal year 2022 dividend of $0.15 per share, payable on... More