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V.F. Corp (VFC ) reported its fourth quarter results before the opening bell on Friday morning, posting higher revenues and adjusted earnings than last year’s Q4.
VFC chairman, president and CEO Eric Wiseman had the following comments: “Our powerful brands and the competitive advantage of our business platforms combined with our relentless focus on operational excellence delivered another year of strong returns for our shareholders. Our four largest brands: The North Face®, Vans®, Timberland®, and Wrangler®, along with many of our other brands, were strong performers as we grew our business in every region and channel around the world."
VFC declared a 32-cent quarterly dividend, which is payable on March 20 to all shareholders on record as of March 10. The stock goes ex-dividend on March 6.
VFC stock was inactive in pre-market trading. The stock is down 3.74% YTD.
V.F. Corp (VFC ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.