Kohl’s Declares Quarterly Dividend

Rhea-AI Summary

Kohl’s Corporation (NYSE:KSS) declares $0.50 per share quarterly dividend, payable on December 20, 2023. Shareholders of record at the close of business on December 6, 2023, will receive the dividend.

Positive

• The declaration of a regular quarterly dividend shows the company's commitment to returning value to its shareholders.
• The $0.50 per share dividend demonstrates the company's financial stability and ability to generate consistent returns for investors.

Negative

• None.

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- On November 7, 2023 the Board of Directors of Kohl’s Corporation (NYSE:KSS) declared a regular quarterly dividend of $0.50 per share on the Company’s common stock. The dividend is payable December 20, 2023, to shareholders of record at the close of business on December 6, 2023.

About Kohl’s

Kohl’s (NYSE: KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl's serves millions of families in our more than 1,100 stores in 49 states, online at Kohls.com, and through our Kohl's App. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231108220289/en/

Investor Relations:

Mark Rupe, (262) 703-1266, mark.rupe@kohls.com

Media:

Jen Johnson, (262) 703-5241, jen.johnson@kohls.com

Source: Kohl's

FAQ

What dividend did Kohl’s Corporation declare?

Kohl’s Corporation declared a regular quarterly dividend of $0.50 per share on its common stock.

When is the dividend payable?

The dividend is payable on December 20, 2023.

Who will receive the dividend?

Shareholders of record at the close of business on December 6, 2023, will receive the dividend.