Bath & Body Works, Inc. (BBWI) to Distribute Quarterly Dividend of $0.20 on September 4th

Bath & Body Works, Inc. (NYSE:BBWI) announced a quarterly dividend on Thursday, August 6th. Shareholders of record on Friday, August 21st will be paid a dividend of 0.20 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, August 21st.

Bath & Body Works has raised its dividend payment by an average of 0.2%per year over the last three years. Bath & Body Works has a payout ratio of 20.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Bath & Body Works to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 27.6%.

Bath & Body Works Trading Up 6.9%

Shares of BBWI opened at $20.12 on Wednesday. Bath & Body Works has a twelve month low of $14.27 and a twelve month high of $32.32. The firm’s fifty day simple moving average is $20.42 and its 200-day simple moving average is $20.13. The firm has a market capitalization of $4.05 billion, a price-to-earnings ratio of 5.65, a PEG ratio of 1.92 and a beta of 1.38.

Bath & Body Works (NYSE:BBWI) last released its quarterly earnings data on Wednesday, May 27th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Bath & Body Works had a net margin of 10.03% and a negative return on equity of 45.34%. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.49 EPS. Bath & Body Works has set its Q2 2026 guidance at 0.300-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. On average, analysts predict that Bath & Body Works will post 2.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. UBS Group lowered their price objective on Bath & Body Works from $22.00 to $19.00 and set a “neutral” rating for the company in a research report on Wednesday, May 20th. Raymond James Financial reissued a “market perform” rating on shares of Bath & Body Works in a research report on Wednesday, May 27th. TD Cowen boosted their target price on Bath & Body Works from $20.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Piper Sandler began coverage on Bath & Body Works in a report on Friday, May 15th. They issued a “neutral” rating and a $20.00 price target for the company. Finally, The Goldman Sachs Group lowered shares of Bath & Body Works from a “neutral” rating to a “sell” rating and dropped their price target for the company from $23.00 to $19.00 in a research note on Wednesday, July 8th. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $22.57.

About Bath & Body Works

Bath & Body Works, Inc is a leading specialty retailer focused on personal care, home fragrance and complementary products. Through its flagship Bath & Body Works brand, the company offers a diverse assortment of shower gels, lotions, fragrance mists, candles and home fragrance items. Its product portfolio also includes the White Barn Candle Co range of premium scented candles and diffusers. Bath & Body Works serves consumers through a combination of brick-and-mortar stores and e-commerce platforms, delivering seasonal collections, limited-edition releases and signature scent lines.

Founded in 1990 as part of Limited Brands (now L Brands), Bath & Body Works opened its first store in New Albany, Ohio, and quickly expanded across the United States.