Ross Stores (ROST) has announced a dividend of $0.405 per share, with the ex-dividend date set for Jun 10, 2025 and the payment date on Jun 30, 2025. This dividend is notably higher than the average of the last ten dividends, which was approximately $0.140 per share. The announcement was made on May 21, 2025. The most recent dividend was distributed on Mar 31, 2025 at the same rate of $0.405 per share. Both dividends are categorized as cash dividends.
Recently,
has been in the spotlight due to several notable developments. Over the past week, the company's stock experienced volatility with a notable increase of 5% on May 27, 2025, as analysts observed shifts in market dynamics. The off-price retail company reported a 2.6% year-on-year sales growth in Q1 CY2025, reaching $4.98 billion, although it fell short of market revenue expectations. This performance reflects the company's strategic efforts to expand its store footprint and capitalize on untapped market opportunities. Furthermore,
Securities Inc. significantly increased its holdings in Ross Stores during the first quarter, indicating confidence in the company's growth potential. These recent activities underscore the evolving financial landscape and the strategic maneuvers Ross Stores is undertaking to bolster its market position.
In conclusion, Ross Stores is navigating a complex environment with strategic expansions and market challenges. The ex-dividend date on Jun 10, 2025 is crucial for investors aiming to benefit from the dividend, as it marks the last day to purchase shares and still receive the dividend payout. Any acquisitions post this date will not be eligible for the current dividend distribution, highlighting the importance of timely investment decisions.
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