G-III Apparel (NASDAQ: GIII) schedules September cash dividend
Rhea-AI Filing Summary
G-III Apparel Group, Ltd. (GIII) announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on its common stock. The dividend will be paid on September 29, 2026 to stockholders of record as of September 15, 2026.
The company describes itself as a global fashion leader, owning ten major brands such as DKNY and Donna Karan and licensing more than 20 additional brands, including Calvin Klein, Tommy Hilfiger and Levi’s, as well as licenses with major U.S. sports leagues.
Positive
- Quarterly dividend of $0.10 per share declared, providing ongoing cash returns to shareholders with payment on September 29, 2026.
Negative
- None.
Insights
Analyzing...
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Quarterly dividend per share: $0.10 per share
Dividend payment date: September 29, 2026
Dividend record date: September 15, 2026
+3 more
6 metrics
Quarterly dividend per share
$0.10 per share
Cash dividend declared on G-III common stock
Dividend payment date
September 29, 2026
Date the $0.10 per share dividend will be paid
Dividend record date
September 15, 2026
Stockholders of record on this date receive the dividend
Par value of common stock
$0.01 per share
Par value of G-III common stock listed on Nasdaq
Number of owned brands
10
G-III states it owns ten iconic brands such as DKNY and Donna Karan
Number of licensed brands
over 20
G-III licenses over 20 additional fashion brands and sports league names
Key Terms
quarterly cash dividend, stockholders of record, forward-looking statements
3 terms
quarterly cash dividend financial
"has declared a quarterly cash dividend of $0.10 per share"
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
stockholders of record financial
"payable on September 29, 2026 to stockholders of record on September 15, 2026"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
forward-looking statements regulatory
"Statements concerning G-III's expectations regarding future events are "forward-looking statements""
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What dividend did GIII declare and when will it be paid?
G-III declared a quarterly cash dividend of $0.10 per share, payable on September 29, 2026. Stockholders must be on record as of September 15, 2026 to receive this dividend.
Who is eligible to receive the newly declared GIII dividend?
Stockholders of G-III’s common stock on September 15, 2026 are eligible to receive the $0.10 per share dividend. The dividend will be distributed on September 29, 2026 to all such stockholders of record.
How often does G-III Apparel Group (GIII) pay this dividend?
G-III’s Board has declared this as a quarterly cash dividend of $0.10 per share. A quarterly dividend indicates the company currently intends to make similar dividend payments four times per year, subject to future Board decisions.
What type of dividend did GIII declare on its common stock?
G-III declared a quarterly cash dividend of $0.10 per share on its common stock. This means shareholders of record on September 15, 2026 will receive cash payments on September 29, 2026.
What does this dividend announcement indicate about GIII’s capital return policy?
The $0.10 per share quarterly cash dividend indicates G-III is currently returning cash directly to shareholders. The Board’s declaration reflects an ongoing dividend program, though future dividends remain subject to Board approval and business conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
