Williams-Sonoma (WSM) Raises Quarterly Dividend 25.6% to $1.13; 1.9% Yield

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Go back to Williams-Sonoma (WSM) Raises Quarterly Dividend 25.6% to $1.13; 1.9% Yield

Williams-Sonoma, Inc. announces a 26% quarterly dividend increase and a new $1 billion stock repurchase authorization

March 13, 2024 9:01 AM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has authorized a 26% increase in the companys quarterly cash dividend to $1.13 per common share. The quarterly dividend is payable on May 24, 2024, to stockholders of record as of the close of business on April 19, 2024. The Board of Directors also approved a new $1 billion stock repurchase authorization, which supersedes the companys current stock repurchase authorization.

After our strong finish to 2023, we are proud to be positioned to increase our quarterly dividend 26% and expand our stock repurchase program to $1... More