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Retailers Begin to Resume Dividends Post-COVID-19

Retailers were hit hard by the COVID-19 pandemic after many were forced to shut down retail locations to comply with statewide mandates. In response to these shutdowns, many retailers suspended their dividends and buyback programs to preserve capital.

The increasing availability of the COVID-19 vaccine and state efforts to reopen their local economies have helped sales recover. At the same time, some retailers have seen strong growth in digital channels that have helped boost profit margins. There is still a significant risk of further COVID-19 outbreaks, but many analysts have become more bullish on the sector.

Here are three apparel retailers that recently resumed their dividends.

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