Ross Stores Increases Dividend 10%

Dow Jones

Mar 05, 2025

By Connor Hart

Ross Stores raised its dividend to 40.5 cents from 36.75 cents.

The new payout, equal to $1.62 a share, represents an annual yield of about 1.2% based on Tuesday's closing price of $135.97.

The chain of discount department stores said the higher dividend will be paid on March 31 to shareholders of record as of March 18.

The higher dividend came as Ross logged lower profit and revenue in its fiscal fourth quarter and warned of softer demand trends so far in 2025, prompting the company to issue a cautious outlook that missed Wall Street's expectations.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 04, 2025 16:32 ET (21:32 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ROST","symbol_name":"罗斯百货有限公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517701981","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517701981","pubTimestamp":1741123920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Ross Stores raised its dividend to 40.5 cents from 36.75 cents.The new payout, equal to $1.62 a share, represents an annual yield of about 1.2% based on Tuesday's closing price of $135.97.The chain of discount department stores said the higher dividend will be paid on March 31 to shareholders of record as of March 18.The higher dividend came as Ross logged lower profit and revenue in its fiscal fourth quarter and warned of softer demand trends so far in 2025, prompting the company to issue a cautious outlook that missed Wall Street's expectations.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ROST":"罗斯百货有限公司","BK4094":"服装零售","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"Ross Stores将股息增加10%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ROST":1},"content_text":"By Connor Hart \n\n\n  Ross Stores raised its dividend to 40.5 cents from 36.75 cents. \n\n\n  The new payout, equal to $1.62 a share, represents an annual yield of about 1.2% based on Tuesday's closing price of $135.97. \n\n\n  The chain of discount department stores said the higher dividend will be paid on March 31 to shareholders of record as of March 18. \n\n\n  The higher dividend came as Ross logged lower profit and revenue in its fiscal fourth quarter and warned of softer demand trends so far in 2025, prompting the company to issue a cautious outlook that missed Wall Street's expectations. \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 04, 2025 16:32 ET (21:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}