Williams-Sonoma (WSM) Tops Q4 EPS by 4c, Raises Dividend and Announces $1 Billion Buyback

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Go back to Williams-Sonoma (WSM) Tops Q4 EPS by 4c, Raises Dividend and Announces $1 Billion Buyback

Williams-Sonoma, Inc. announces a 15% quarterly dividend increase and a new $1 billion stock repurchase authorization

March 16, 2023 9:02 AM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has authorized a 15% increase in the companys quarterly cash dividend to $0.90 per share. The quarterly dividend is payable on May 26, 2023, to stockholders of record as of the close of business on April 21, 2023. The Board of Directors also approved a new $1 billion stock repurchase authorization, which supersedes the companys current stock repurchase authorization.

After our record fiscal 2022 results, we have increased our quarterly dividend and authorized a new stock repurchase program of $1 billion, said Laura Alber, President and... More