Carter's (CRI) Dividend Announcement and Earnings Analysis
On the financial calendar for Carter's, Inc. (NYSE: CRI), a prominent date has been set: June 9, 2023. This is the record date for the company's next dividend payout, where Carter's is expected to pay a dividend of $0.75 per share. For shareholders, it's an occasion of note, and for prospective investors, it's a deadline to consider. This article analyzes Carter's recent earning results and the implications of its forthcoming dividend.
Dividend Details
The company declared a dividend of $0.75 per share with the ex-dividend date falling on May 26, 2023. This date is crucial for investors, as anyone purchasing Carter's stock on or after the ex-dividend date will not be entitled to receive this forthcoming dividend payment. Instead, the dividends would revert to the seller. Hence, interested buyers looking forward to securing the upcoming dividend must ensure their stocks are purchased before this ex-dividend date.
Comparatively, the last dividend payout by Carter's was also $0.75 per share, which took place on March 17, 2023. It is encouraging to see that the company is maintaining its dividend payout, which could indicate stability in its financial health.
Earnings Analysis
While dividends are often a sign of financial health, they aren't the whole story. To understand the full financial picture, it's essential to consider Carter's recent earnings results. As of my knowledge cutoff in September 2021, the specific earnings details are not available, however, investors should analyze the most recent earnings report, considering metrics such as revenue, net income, earnings per share (EPS), and guidance for future quarters.
Stability or growth in these areas could indicate that Carter's can comfortably afford its dividend payout without compromising its operations or growth investments. Conversely, if these metrics show signs of strain, the steady dividend might be a cause for concern, suggesting that the company is returning cash to shareholders instead of investing in potentially profitable areas.
The declaration of a consistent dividend by Carter's paints a picture of a company with stable financial footing, at least superficially. But, prospective investors should not use this information in isolation. Alongside this dividend analysis, investors should dig deeper into Carter's earnings reports to get a holistic understanding of the company's financial status.
While the dividend payout is an excellent return for current shareholders, potential investors should make their move before the ex-dividend date if they aim to enjoy this financial perk. Regardless, a thorough understanding of the company's overall financial health will serve as the best guide for investment decisions.
Momentum Indicator for CRI turns positive, indicating new upward trend
CRI saw its Momentum Indicator move above the 0 level on September 12, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned positive. In of the 94 cases, the stock moved higher in the following days. The odds of a move higher are at .
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a provider of apparel and related products for babies and young children
Industry ApparelFootwearRetail