Kontoor Brands Declares Quarterly Dividend

GREENSBORO, N.C.–(BUSINESS WIRE)–Feb 24, 2021–
Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler ® and Lee ®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock. The cash dividend will be payable on March 19, 2021, to shareholders of record at the close of business on March 9, 2021.
About Kontoor Brands
Kontoor Brands, Inc. (NYSE: KTB) is a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands: Wrangler ® and Lee ®. Kontoor designs, manufactures and distributes superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com.
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CONTACT: Investors:
Eric Tracy, (336) 332-5205
Senior Director, Investor Relations
Eric.Tracy@kontoorbrands.com orMedia:
Vanessa McCutchen, (336) 332-5612
Vice President, Corporate Communications
Vanessa.McCutchen@kontoorbrands.com
KEYWORD: UNITED STATES NORTH AMERICA NORTH CAROLINA
INDUSTRY KEYWORD: MANUFACTURING FASHION TEXTILES RETAIL SPECIALTY
SOURCE: Kontoor Brands, Inc.
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PUB: 02/24/2021 06:40 AM/DISC: 02/24/2021 06:41 AM
http://www.businesswire.com/news/home/20210224005330/en