Hanes has increased its payout ratio target for returning cash to shareholders via dividends to 25 percent to 30 percent of earnings per share.
“Hanes is generating significant value for shareholders through earnings growth, a strong balance sheet and significant cash flow,” Hanes Chairman and Chief Executive Officer Richard A. Noll said. “We are in a great position to increase the amount of cash we can return to stockholders, while retaining ample flexibility to pursue other growth opportunities, including acquisitions.”
The quarterly dividend is the fourth since Hanes initiated its cash dividend program in April 2013. Each of the previous cash dividends were paid at a rate of $0.20 per share.
HanesBrands is a socially responsible leading marketer of everyday basic apparel under some of the world’s strongest apparel brands, including Hanes, Champion, Playtex, Bali, Maidenform, Flexees, JMS/Just My Size, barely there, Wonderbra and Gear for Sports.
Balavigna Weaving Mills Pvt Ltd
The biggest challenge that the weaving industry faces is high price
GST has levelled the playing field to an extent
Peak to Plateau
People are willing to pay for quality and performance
Kusumgar Corporates is a leading manufacturer of technical textiles and...
A leading manufacturer of automated machinery and equipment for the...
Sushila International, a well established textile organisation established ...
Iago Castro Asensio
RCfil Distribuciones S.L.
Iago Castro Asensio, International Business Manager of RCfil...
A team of engineers at the Vanderbilt University has designed a smart...
Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...
<div>Delhi-based Gritstones Clothing offers quality and exemplary style...
She has carved a niche for herself as the national brand of Turkey. Her...
Label Ritu Kumar
‘Classics will return’ "There are a lot of people wearing western clothes ...