The apparel maker sets an August 5 payment date after declaring a $0.16 dividend, up from $0.14 previously.
Levi Strauss announced a $0.16 per share quarterly dividend, marking a 14.3% increase from the prior $0.14 payout. The move reflects continued confidence in cash flow generation amid steady consumer demand for denim products.
The new dividend yields 2.63% on a forward basis. The company last raised its payout in early 2023, maintaining a pattern of annual increases since its 2019 public offering. Shareholders of record as of July 22 will receive the payment on August 5, with the ex-dividend date also set for July 22.