LONDON, UK / ACCESSWIRE / April 18, 2018 / Active-Investors has a free review on Oxford Industries, Inc. (NYSE: OXM) following the Company's announcement that it will begin trading ex-dividend on April 19, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on April 18, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on OXM:
If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:
On March 28, 2018, Oxford Industries announced that its Board of Directors has approved a cash dividend of $0.34 per share payable on May 04, 2018, to shareholders of record as of the close of business on April 20, 2018. This represents a 26% increase from the dividend paid in the fourth quarter of fiscal 2017 reflecting the Company's commitment to returning value to its shareholders.
Oxford Industries' indicated dividend represents a yield of 1.77% compared to the average dividend yield of 1.85% for the Consumer Goods sector. The Company has paid dividends every quarter since it became publicly owned in 1960.
Oxford Industries has a dividend payout ratio of 29.8%, which denotes that the Company spends approximately $0.30 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.
According to analysts' estimates, Oxford Industries is forecasted to report earnings of $4.98 for the next year, which is more than three times above the Company's annualized dividend of $1.36 per share.
As of February 03, 2018, Oxford's cash and cash equivalents totaled $6.34 million compared to $6.33 million as on January 28, 2017. For the fiscal year ended February 03, 2018, the Company's cash provided by operating activities was $118.59 million compared to $118.57 million for the year ago same period. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.
About Oxford Industries, Inc
Oxford Industries is a leader in the apparel industry. The Company owns and markets the distinctive Tommy Bahama®, Lilly Pulitzer®, and Southern Tide® lifestyle brands. Oxford Industries also produces certain licensed and private label apparel products. As of February 03, 2018, the Company operated 166 Tommy Bahama stores, including 110 full-price retail stores, 18 retail-restaurant locations, and 38 outlet stores.
Oxford Industries was founded in 1942 and is headquartered in Atlanta, Georgia.
Stock Performance Snapshot
April 17, 2018 - At Tuesday's closing bell, Oxford Industries' stock marginally advanced 0.31%, ending the trading session at $78.10.
Volume traded for the day: 76.71 thousand shares.
Stock performance in the previous six-month period – up 22.74%; past twelve-month period – up 42.60%; and year-to-date – up 3.87%
After yesterday's close, Oxford Industries' market cap was at $1.33 billion.
Price to Earnings (P/E) ratio was at 24.55.
The stock has a dividend yield of 1.74%.
The stock is part of the Consumer Goods sector, categorized under the Textile - Apparel Clothing industry. This sector was up 0.5% at the end of the session.
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.