Oxford Increases Quarterly Cash Dividend
Oxford Industries, Inc. (NYSE: OXM) announced a cash dividend of $0.42 per share, marking a 14% increase from the prior $0.37 rate.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Oxford Industries, Inc. (NYSE: OXM) announced a cash dividend of $0.42 per share, marking a 14% increase from the prior $0.37 rate. This dividend will be payable on July 30, 2021, to shareholders of record as of July 16, 2021. The company has consistently paid dividends quarterly since becoming publicly owned in 1960, reflecting its commitment to returning value to shareholders.
Positive
- Dividend increased by 14%, indicating strong financial performance.
- Consistent dividend payments since 1960 demonstrate reliability and shareholder value.
Negative
- None.
Details
News Market Reaction – OXM
The recorded move for OXM in the trading session of this news was +0.19%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, June 15, 2021 (GLOBE NEWSWIRE) -- Oxford Industries, Inc. (NYSE:OXM) announced today that its Board of Directors declared a cash dividend of
About Oxford
Oxford Industries, Inc., a leader in the apparel industry, owns and markets the distinctive Tommy Bahama®, Lilly Pulitzer® and Southern Tide® lifestyle brands, as well as other owned brands. Oxford's stock has traded on the New York Stock Exchange since 1964 under the symbol OXM. For more information, please visit Oxford's website at www.oxfordinc.com.
Contact: Anne M. Shoemaker
E-mail: InvestorRelations@oxordinc.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.