Foot Locker, Inc. Declares Quarterly Dividend Of $0.15 Per Share

(Neutral)

Rhea-AI Summary

Foot Locker, Inc. (NYSE: FL) has declared a quarterly cash dividend of $0.15 per share, set to be paid on January 29, 2021, to shareholders on record by January 15, 2021. This decision reflects the company's ongoing commitment to return value to its shareholders. Operating approximately 3,100 retail stores globally, Foot Locker continues to lead in sneaker and youth culture through its diverse portfolio of brands.

Positive

Quarterly cash dividend of $0.15 per share enhances shareholder value.
Strong brand portfolio supports continued engagement with youth culture.

Negative

None.

News Market Reaction – FL

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In the trading session that priced this news, FL declined 0.20%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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11/17/2020 - 07:30 PM

NEW YORK, Nov. 17, 2020 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.15 per share, which will be payable on January 29, 2021 to shareholders of record on January 15, 2021.

Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, and Sidestep. With approximately 3,100 retail stores in 27 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, the Company's purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has its corporate headquarters in New York. For additional information please visit www.footlocker-inc.com.

Contact:
James R. Lance
Vice President,
Corporate Finance and
Investor Relations
Foot Locker, Inc.
(212) 720-4600

View original content:http://www.prnewswire.com/news-releases/foot-locker-inc-declares-quarterly-dividend-of-0-15-per-share-301175420.html

SOURCE Foot Locker, Inc.

FAQ

What is the dividend amount declared by Foot Locker (FL)?

Foot Locker has declared a quarterly cash dividend of $0.15 per share.

When will Foot Locker's dividend be paid?

The dividend will be payable on January 29, 2021.

What is the record date for Foot Locker's dividend?

The record date for the dividend is January 15, 2021.

How many stores does Foot Locker operate?

Foot Locker operates approximately 3,100 retail stores worldwide.