secwatch.observer — SEC 8-K summary
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Issuer:     Kontoor Brands, Inc. (KTB)
CIK:        0001760965
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0001760965-23-000032
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1760965/000176096523000032/0001760965-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1760965/000176096523000032/ktb-20231027.htm
  HTML page:      https://secwatch.observer/filing/0001760965-23-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer