Assessing Kohl’s Dividend and Share Repurchase Strategy
Despite heavy investments, Kohl’s (KSS) remains committed to paying dividends to its shareholders. On February 28, 2018, the company announced an 11% hike in its quarterly dividend to $0.61 per share for its shareholders of record as of March 14, 2018. It paid this dividend on March 28, 2018. The company’s annualized dividend per share now stands at $2.44.