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Guess suspends dividend

Guess' Inc. (GES) will suspend its dividend in 2020. Last year the apparel company already cut its quarterly dividend by 50.0 percent to $0.1125 per share.

In a press release dated March 18, 2020 the company announces fourth quarter results and announces to postpone its decision related to the potential declaration of a quarterly cash dividend for the first quarter of fiscal 2021.

Guess?, Inc. designs, markets, distributes and licenses apparel, denim, handbags, watches, footwear and other related consumer products for men, women and children. The company's apparel is marketed under trademarks including GUESS, GUESS?, GUESS U.S.A., GUESS Jeans, GUESS? and Triangle Design, MARCIANO, Question Mark and Triangle Design, a stylized G and a stylized M, GUESS Kids, Baby GUESS, YES, G by GUESS (GbG), GUESS by MARCIANO and Gc. The company's products are distributed through branded Guess? stores as well as department and specialty stores around the world.