The Gap, Inc. (NYSE:GAP) Shares Will Pay Quarterly Dividend of $0.17

The Gap, Inc. (NYSE:GAP) announced a quarterly dividend on Tuesday, November 10th. Shareholders of record on Wednesday, January 6th will be given a dividend of $0.1750 per share on Wednesday, January 27th. This represents a $0.70 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Wednesday, January 6th.

GAP has a payout ratio of 28.1% meaning its dividend is sufficiently covered by earnings. Analysts expect GAP to earn $2.62 per share next year, which means the company should continue to be able to cover its $0.70 annual dividend with an expected future payout ratio of 26.7%.

GAP Trading Down 1.7%

NYSE GAP traded down $0.38 during trading hours on Wednesday, reaching $21.59. The company had a trading volume of 811,432 shares, compared to its average volume of 7,425,678. The company has a current ratio of 1.82, a quick ratio of 1.11 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $7.59 billion, a P/E ratio of 6.45, a price-to-earnings-growth ratio of 0.93 and a beta of 2.12. The stock has a 50-day moving average of $22.29 and a 200 day moving average of $22.99. GAP has a 1-year low of $18.11 and a 1-year high of $29.36.

GAP (NYSE:GAP) last released its quarterly earnings results on Thursday, August 27th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. GAP had a return on equity of 19.72% and a net margin of 8.14%. The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same period in the prior year, the firm earned $0.57 earnings per share. The firm’s revenue was down 2.0% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. As a group, research analysts anticipate that GAP will post 2.40 earnings per share for the current fiscal year.

GAP Company Profile

Gap Inc. is an American specialty retailer of apparel, accessories and related products. Its portfolio includes Gap, Old Navy, Banana Republic and Athleta, with merchandise sold through company-operated stores and online channels. Founded in San Francisco in 1969 by Donald and Doris Fisher, the company serves customers in North America and other markets through its stores, e-commerce operations and franchise partners. Richard Dickson became Gap Inc.’s president and chief executive officer in 2023.