Dividend Aristocrat VF Corporation (VFC) will pay a lower quarterly dividend of $0.43 per share in September related to the Kontoor Brands separation. On May 23, 2019, VF Corporation completed the separation of VF’s Jeanswear organization into an independent, publicly traded company.

The next dividend of $0.43 per share will be paid on September 20, 2019 to shareholders of record on September 10, 2019. VF Corp had increased its dividend from 46 cents to 51 cents quarterly last year. If adjusted for a new quarterly dividend paid by Kontoor, VF will keep its status as a Dividend Aristocrat.

V.F. Corporation (VF) is a manufacturer of branded lifestyle apparel, footwear and accessories. VF’s businesses and brands are organized into categories including Outdoor & Action Sports, Imagewear and Sportswear. The company's brands include The North Face, Vans, Timberland, Dickies, Eastpak, JanSport and Bulwark. VF Corporation was founded in October 1899 as the Reading Glove and Mitten Manufacturing Company and went public in March 19, 1951 as Vanity Fair. Its namesake brand was divested in 2007 when VF sold the intimate apparel business.