Gap Inc. Announces Third Quarter Dividend

Rhea-AI Summary

Gap Inc. (NYSE: GPS) has announced a third quarter fiscal year 2024 dividend of $0.15 per share. The dividend will be payable on or after October 30, 2024 to shareholders of record at the close of business on October 9, 2024. Additionally, Gap Inc. has reminded investors of its upcoming ticker symbol change from "GPS" to "GAP". This change will take effect on August 22, 2024, when the company's common shares will begin trading under the new symbol on the New York Stock Exchange (NYSE).

Positive

• Consistent dividend payment of $0.15 per share for Q3 2024
• Upcoming ticker symbol change to 'GAP' potentially enhancing brand recognition

Negative

• None.

SAN FRANCISCO, Aug. 13, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) today announced its board of directors has authorized a third quarter fiscal year 2024 dividend of $0.15 per share, payable on or after October 30, 2024 to shareholders of record at the close of business on October 9, 2024.

As a reminder, Gap Inc. previously announced that it will change its ticker symbol from "GPS" to "GAP".  The company's common shares will begin trading on the New York Stock Exchange (NYSE) under the new symbol "GAP" on Thursday, August 22, 2024.

About Gap Inc.

Gap Inc., a house of iconic brands, is the largest specialty apparel company in America. Its Old Navy, Gap, Banana Republic, and Athleta brands offer clothing, accessories, and lifestyle products for men, women and children. Since 1969, Gap Inc. has created products and experiences that shape culture, while doing right by employees, communities and the planet. Gap Inc. products are available worldwide through company-operated stores, franchise stores, and e-commerce sites. Fiscal year 2023 net sales were $14.9 billion. For more information, please visit www.gapinc.com.

Investor Relations Contact:
Nina Bari
Investor_relations@gap.com 

Media Relations Contact:
Megan Foote
Press@gap.com

 

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SOURCE Gap Inc.

FAQ

What is Gap Inc.'s dividend amount for Q3 2024?

Gap Inc. (GPS) has announced a dividend of $0.15 per share for the third quarter of fiscal year 2024.

When will Gap Inc. (GPS) pay its Q3 2024 dividend?

Gap Inc. will pay its Q3 2024 dividend on or after October 30, 2024 to shareholders of record as of October 9, 2024.

Is Gap Inc. changing its stock ticker symbol?

Yes, Gap Inc. is changing its ticker symbol from 'GPS' to 'GAP' effective August 22, 2024 on the New York Stock Exchange (NYSE).

What is the record date for Gap Inc.'s Q3 2024 dividend?

The record date for Gap Inc.'s Q3 2024 dividend is October 9, 2024, at the close of business.