Dick's Sporting Goods Raises Dividend by 10%

Dow Jones
03-11

By Dean Seal

 

The board of Dick's Sporting Goods has raised the company's quarterly dividend by 10% to $1.2125.

The largest U.S. chain of sporting-goods stores said the new dividend will be payable on April 11 to shareholders of record as of March 28.

On an annualized basis, the new payout is $4.85 a share and represents a yield of about 2.3% based on Monday's closing price of $211.02.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

March 11, 2025 07:50 ET (11:50 GMT)

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