Bath & Body Works, Inc. (BBWI) to Issue Quarterly Dividend of $0.20 on June 19th

Bath & Body Works, Inc. (NYSE:BBWI) announced a quarterly dividend on Friday, May 15th. Shareholders of record on Friday, June 5th will be given a dividend of 0.20 per share on Friday, June 19th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, June 5th.

Bath & Body Works has increased its dividend payment by an average of 0.2%annually over the last three years. Bath & Body Works has a dividend payout ratio of 20.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Bath & Body Works to earn $2.89 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 27.7%.

Bath & Body Works Price Performance

Shares of BBWI opened at $18.76 on Wednesday. Bath & Body Works has a 1 year low of $14.27 and a 1 year high of $33.96. The stock’s fifty day moving average price is $18.62 and its two-hundred day moving average price is $20.18. The firm has a market cap of $3.78 billion, a PE ratio of 5.27, a PEG ratio of 1.86 and a beta of 1.42.

Bath & Body Works (NYSE:BBWI) last announced its quarterly earnings data on Wednesday, May 27th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. Bath & Body Works had a negative return on equity of 45.34% and a net margin of 10.03%.The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the firm posted $0.49 EPS. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. Bath & Body Works has set its Q2 2026 guidance at 0.300-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. Sell-side analysts anticipate that Bath & Body Works will post 2.61 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Bath & Body Works

Large investors have recently modified their holdings of the company. Gabelli Funds LLC increased its holdings in Bath & Body Works by 1.2% during the 3rd quarter. Gabelli Funds LLC now owns 47,536 shares of the company’s stock worth $1,225,000 after acquiring an additional 542 shares during the period. Parallel Advisors LLC boosted its holdings in Bath & Body Works by 42.6% in the 4th quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock valued at $38,000 after purchasing an additional 567 shares during the period. State of Michigan Retirement System grew its position in shares of Bath & Body Works by 1.2% during the 1st quarter. State of Michigan Retirement System now owns 49,300 shares of the company’s stock valued at $920,000 after purchasing an additional 600 shares in the last quarter. Meeder Asset Management Inc. grew its position in shares of Bath & Body Works by 28.5% during the 4th quarter. Meeder Asset Management Inc. now owns 2,874 shares of the company’s stock valued at $58,000 after purchasing an additional 637 shares in the last quarter. Finally, State of Wyoming increased its holdings in shares of Bath & Body Works by 6.2% in the second quarter. State of Wyoming now owns 11,294 shares of the company’s stock worth $338,000 after purchasing an additional 661 shares during the period. 95.14% of the stock is currently owned by institutional investors.

About Bath & Body Works

Bath & Body Works, Inc is a leading specialty retailer focused on personal care, home fragrance and complementary products. Through its flagship Bath & Body Works brand, the company offers a diverse assortment of shower gels, lotions, fragrance mists, candles and home fragrance items. Its product portfolio also includes the White Barn Candle Co range of premium scented candles and diffusers. Bath & Body Works serves consumers through a combination of brick-and-mortar stores and e-commerce platforms, delivering seasonal collections, limited-edition releases and signature scent lines.

Founded in 1990 as part of Limited Brands (now L Brands), Bath & Body Works opened its first store in New Albany, Ohio, and quickly expanded across the United States.