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Williams-Sonoma, Inc. announces a 16% quarterly dividend increase

1. WSM announced a 16% dividend increase to $0.66 per share. 2. Strong 2024 performance prompted the dividend hike, enhancing shareholder value.

Dividend Change
+4.35%Current Return
VS
+0.47%S&P 500
$15803/19 09:33 AM EDTEvent Start
$164.8803/20 04:08 PM EDTLatest Updated
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FAQ

Why Bullish?

The 16% dividend increase reflects strong performance, positively influencing investor confidence. Historical trends show similar dividend hikes typically lead to increased stock prices.

How important is it?

The substantial dividend increase signals financial health and commitment to shareholders, likely attracting further investments. It positions WSM favorably compared to competitors.

Why Short Term?

The immediate effect of dividend announcements often impacts stock prices shortly after. Investors may react positively around the ex-dividend date.

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SAN FRANCISCO--(BUSINESS WIRE)--Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has authorized a 16% increase in the company's quarterly cash dividend to $0.66 per common share. The quarterly dividend is payable on May 24, 2025, to stockholders of record as of the close of business on April 17, 2025. “After another strong performance in 2024, we are proud to increase our quarterly dividend by 16%,” said Laura Alber, President and Chief Executive Officer. “We remain.

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