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Gap Inc. Announces Second Quarter Dividend

The Gap, Inc. Announced a second quarter dividend of $0.165 per share with investors of record on July 9, 2024, after shares reached a new 52-week high on the NYSE under ticker GAP.
The dividend announcement followed stronger than expected quarterly earnings where the company reported $0.54 EPS on $4.15 billion revenue, exceeding analyst estimates of $0.36 EPS and $4.07 billion revenue.
Several analysts updated their price targets for Gap stock, with UBS and JPMorgan raising targets to $29, while Barclays, Citigroup, and Morgan Stanley lowered theirs but maintained positive or neutral ratings.
Insiders sold a combined 228,880 shares valued at nearly $5 million recently, including CEO Mark Breitbard’s sale of 51,385 shares on May 16, while institutional investors hold 58.81% ownership.
The declaration of a dividend alongside stronger-than-expected earnings indicates growing investor optimism and highlights the company’s continued role as a global retailer providing a wide range of apparel and related items for all age groups and genders.

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Montana Standard

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Gap Inc. Announces Second Quarter Dividend

SAN FRANCISCO, May 20, 2025 /PRNewswire/ -- Gap Inc. (NYSE: GAP) today announced that its board of directors has authorized a second quarter fiscal year 2025 dividend of $0.165 per share, payable on or after July 30, 2025, to shareholders…

4 days ago

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tickerreport.com

GAP (NYSE:GAP) Sets New 1-Year High After Dividend Announcement

Shares of The Gap, Inc. (NYSE:GAP – Get Free Report) reached a new 52-week high on Tuesday after the company announced a dividend. The company traded as high as $28.08 and last traded at $27.98, with a volume of 6535908 shares trading hands. The stock had previously closed at $27.39. The newly announced dividend which […]

2 days ago

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