Oxford Industries (OXM) will hike its dividend by 31 percent to 55 cents quarterly. The next dividend is payable on April 29, 2022. A new annualized dividend rate of $2.20 per share yields 2.4% at a stock price of $96.44.
Apparel company Oxford Industries, Inc. owns and markets the Tommy Bahama, Lilly Pulitzer and Southern Tide lifestyle brands. Oxford also produces certain licensed and private label apparel products. Oxford's stock has traded on the New York Stock Exchange since 1964 under the symbol OXM. The Company has paid dividends every quarter since it became publicly owned in 1960.
2022