VF Corporation Is Making Changes, But Is It Enough for Dividend Investors?
VF Corporation (NYSE: VFC) owns an impressive collection of fashion brands, including Timberland, The North Face, and Vans, among others. But having recognizable brands doesn't instantly lead to success, which has been clearly evident to investors who have pushed the stock lower by roughly 55% over the past year.
With a sizable 6.3% dividend yield, is VF Corporation worth the risk for dividend investors as it looks to make the changes necessary to improve performance?
The most important number for dividend investors will likely be 40%. That's the difference between $0.50, the quarterly dividend VF paid in the third quarter of 2022, and $0.30, the dividend it paid in the fourth quarter of that year. After the dividend took a haircut like that, potential investors would do well to exercise caution.
Source Fool.com
