AEO Inc. Announces 25% Increase in Quarterly Cash Dividend
13 Dezembro 2023 - 6:34PM
Business Wire
American Eagle Outfitters, Inc. (NYSE: AEO) announced that its
Board of Directors has raised the amount of its quarterly cash
dividend by 25%. The Board declared a regular quarterly cash
dividend of $0.125 on December 13, 2023, payable on January 19,
2024 to stockholders of record at the close of business on January
5, 2024.
“I am pleased to announce a 25% increase in our quarterly
dividend, reflecting improved fundamentals and free cash flow over
the course of 2023. This underscores the strength of our balance
sheet and confidence in our strategic direction as we enter 2024.
We remain committed to delivering sustained profitable growth and
returns to our shareholders,” commented Jay Schottenstein, AEO’s
Executive Chairman of the Board and Chief Executive Officer.
About American Eagle Outfitters, Inc.
American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global
specialty retailer offering high-quality, on-trend clothing,
accessories and personal care products at affordable prices under
its American Eagle® and Aerie® brands. Our purpose is to show the
world that there’s REAL power in the optimism of youth. The company
operates stores in the United States, Canada, Mexico, Hong Kong and
Japan, and ships to approximately 80 countries worldwide through
its websites. American Eagle and Aerie merchandise also is
available at more than 300 international locations operated by
licensees in approximately 30 countries. In 2022, AEO released its
first annual Building a Better World report, which outlines two
decades of ESG achievements through the company’s Planet, People
and Practices initiatives. For more information, please visit
www.aeo-inc.com.
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