FOOT LOCKER, INC. DECLARES QUARTERLY DIVIDEND OF $0.40 PER SHARE

(Neutral)

Rhea-AI Summary

Foot Locker, Inc. (NYSE: FL) has declared a quarterly cash dividend of $0.40 per share, set to be paid on October 28, 2022. Shareholders of record by October 14, 2022 will receive this dividend. Operating approximately 2,800 retail stores across 28 countries, Foot Locker is dedicated to promoting youth culture through its diverse brand portfolio, including Foot Locker and Champs Sports. This move signifies the company's ongoing commitment to returning value to its shareholders.

Positive

Quarterly cash dividend of $0.40 per share indicates strong shareholder returns.
Company's extensive presence with around 2,800 stores in 28 countries enhances market reach.

Negative

None.

News Market Reaction – FL

+3.18%

+3.18% Session move

In the trading session that priced this news, FL gained 3.18%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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08/15/2022 - 05:30 PM

NEW YORK, Aug. 15, 2022 /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 $0.40 per share, which will be payable on October 28, 2022 to shareholders of record on October 14, 2022.

Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, and Sidestep. With approximately 2,800 retail stores in 28 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 footlocker-inc.com.

Contact: Robert Higginbotham
Vice President, Investor Relations
robert.higginbotham@footlocker.com
(212) 720-4600

View original content:https://www.prnewswire.com/news-releases/foot-locker-inc-declares-quarterly-dividend-of-0-40-per-share-301605979.html

SOURCE Foot Locker IR

FAQ

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

Foot Locker has declared a quarterly cash dividend of $0.40 per share.

When will Foot Locker's dividend be paid?

The dividend will be paid on October 28, 2022.

Who is eligible to receive the dividend from Foot Locker?

Shareholders of record by October 14, 2022, are eligible to receive the dividend.

How often does Foot Locker pay dividends?

Foot Locker typically pays dividends quarterly.