Business
Gap Inc. Declares Quarterly Dividend and Highlights Fiscal Year 2023 Performance
Gap Inc. (NYSE: GAP) has recently announced the authorization of a quarterly dividend for the second quarter of fiscal year 2024, setting a dividend of $0.15 per share. The dividend is scheduled to be paid on or after July 31, 2024, to shareholders on record as of July 10, 2024.
About Gap Inc., a prominent player in the fashion industry in America, operates with a portfolio of renowned brands including Gap, Old Navy, Banana Republic, and Athleta. These brands cater to various demographics, offering a wide range of clothing, accessories, and lifestyle products for men, women, and children. With a history dating back to 1969, Gap Inc. has been a trendsetter, prioritizing ethical practices towards employees, communities, and environmental sustainability. Its products are globally available through a mix of company-owned stores, franchise outlets, and online platforms. Notably, in the fiscal year 2023, Gap Inc. recorded net sales of $14.9 billion.
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