Carter's Declares Quarterly Dividend, Approves Equity Incentive Plan
CRI sits 44% above its 52-week low of $23.381.
Summary
Carter's Inc. declared a quarterly cash dividend of $0.25 per share and announced the results of its Annual Meeting, including the election of directors and approval of an amended equity incentive plan.
Key Events · Financing and Capital Events · CRI
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Quarterly Dividend Declared
The Board of Directors declared a quarterly cash dividend of $0.25 per share, payable on June 5, 2026, to shareholders of record on May 26, 2026. This follows a previous significant dividend cut, indicating a return to shareholder distributions.
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Equity Incentive Plan Approved
Shareholders approved the Company's Amended and Restated Equity Incentive Plan, providing authorization for future equity-based compensation.
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Director Elections Confirmed
All eight director nominees were elected to one-year terms during the Annual Meeting of Stockholders held on May 13, 2026.
Analysis · CRI · Manufacturing
The declaration of a $0.25 quarterly dividend signals Carter's commitment to returning capital to shareholders and reflects confidence in its financial stability, especially following recent strong Q1 results and a previous dividend cut. The approval of the equity incentive plan provides the company with flexibility for future compensation, though it introduces potential for dilution. The other shareholder votes were routine.
At the time of this filing, CRI was trading at $33.76 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $23.38 to $44.44. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.