Friday, October 23, 2015

VF Corp (VFC) increases quarterly dividend 16% to $0.37/share

Board of Directors declared a quarterly dividend of $0.37/share, reflecting a 16% increase over the previous quarter's dividend.




23 Oct 2015:  V.F. Corp misses by $0.05, misses on revs; guides FY15 EPS below consensus due to F/X impacts, reaffirms FY15 rev guidance; increases quarterly dividend 16%  :
  • Reports Q3 (Sep) earnings of $1.07 per share, $0.05 worse than the Capital IQ Consensus of $1.12; revenues rose 2.6% year/year to $3.61 bln vs the $3.68 bln Capital IQ Consensus. Gross margin was 48.9% on a currency neutral basis, representing a 60 basis point improvement over the same period last year.
  • Co issues guidance for FY15, sees EPS of $3.18 (prior $3.22) vs. $3.24 Capital IQ Consensus Estimate; sees FY15 revs of +3% to 12.65 bln vs. $12.73 bln Capital IQ Consensus Estimate.
  • EPS guidance revision due to ~$0.04/share of greater than expected negative changes in foreign currency during the third quarter.

Sunday, October 4, 2015

DineEquity (DIN) raises quarterly dividend 5% to $0.92

DineEquity raises quarterly dividend 5%, boosts common share repurchase authorization to $150 mln


  • Div/yield 0.92/4.06
  • Co announced approval by its Board of Directors of a 5% increase in the Co's quarterly cash dividend to $0.92 per share of common stock
  • The Board of Directors also approved an increase in the share repurchase authorization for the Co's common stock, effective immediately, to $150 million from the remaining previous authorization of ~$63 million.
  • The Co anticipates using the majority of its remaining free cash flow after dividend payments for share repurchases.



  • ** update 7 weeks later : $DIN dropped almost another $10