DICK'S Sporting Goods, Inc. (DKS) will suspend its quarterly dividend 31.25 cents per share. Earlier this year DKS had raised the quarterly dividend. The covid-19 pandemic makes many retailers suspending of cutting their dividend, including DKS.

DICK'S Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories. The company's products are focused on Team Sports, Athletic Apparel, Golf, Lodge/Outdoor, Fitness and Footwear. DICK'S also owns and operates Golf Galaxy and Field & Stream specialty stores, as well as GameChanger, a youth sports mobile app for scheduling, communications and live scorekeeping. The company is headquartered in Pittsburgh, PA and was founded in 1948. A dividend has been paid every year since 2011.