Ralph Lauren suspends dividend in 2020 because of COVID-19 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Ralph Lauren	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Ralph Lauren	RL	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

Ralph Lauren suspends dividend

Thursday 28 May 2020

Ralph Lauren Corporation (RL) will suspend its quarterly dividend in 2020 because of COVID-19. The company last raised its quarterly dividend by 10.0 percent to $0.6875 per share in 2019.

Ralph Lauren Corporation designs, manufactures and distributes premium lifestyle products, including apparel, accessories, home furnishings, and other licensed product categories. The company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, and Club Monaco. Founded in 1967 by Mr. Ralph Lauren, the company had paid a dividend every year since 2003 before the suspension was announced in 2020.

Ralph Lauren

Consumer Discretionary

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