Kontoor Brands raises quarterly dividend 4% to $0.50 per share

Kontoor Brands, Inc.

Quarterly dividend increased to $0.50 per share from $0.48, a 4% hike ($0.02).
Dividend payable December 18, 2023 to shareholders of record December 8, 2023.
CEO Scott Baxter cites confidence in resilient operating model and cash returns.
Increase marks continued commitment to shareholder returns amid macroeconomic headwinds.

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