Oxford Industries, Inc. (NYSE:OXM) Declares Quarterly Dividend of $0.70

Oxford Industries, Inc. (NYSE:OXM) announced a quarterly dividend on Wednesday, June 10th. Investors of record on Friday, July 17th will be paid a dividend of 0.70 per share by the textile maker on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, July 17th.

Oxford Industries has raised its dividend by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Oxford Industries has a dividend payout ratio of 60.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Oxford Industries to earn $3.15 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 88.9%.

Oxford Industries Trading Up 1.6%

Shares of Oxford Industries stock opened at $43.84 on Thursday. The stock has a market capitalization of $652.79 million, a P/E ratio of -22.60 and a beta of 1.03. The company has a quick ratio of 0.48, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The company has a 50-day simple moving average of $42.87 and a 200 day simple moving average of $39.36. Oxford Industries has a 12-month low of $30.57 and a 12-month high of $55.76.

Oxford Industries (NYSE:OXM) last announced its earnings results on Wednesday, June 10th. The textile maker reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.12. Oxford Industries had a negative net margin of 1.89% and a positive return on equity of 5.68%. The business had revenue of $391.40 million during the quarter, compared to analysts’ expectations of $391.76 million. During the same quarter last year, the company posted $1.82 EPS. The firm’s revenue for the quarter was down .4% on a year-over-year basis. Oxford Industries has set its FY 2026 guidance at 2.300-2.700 EPS and its Q2 2026 guidance at 1.200-1.400 EPS. Research analysts expect that Oxford Industries will post 2.51 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of OXM. Millennium Management LLC boosted its stake in shares of Oxford Industries by 1,374.3% in the 4th quarter. Millennium Management LLC now owns 326,607 shares of the textile maker’s stock valued at $11,170,000 after purchasing an additional 304,454 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Oxford Industries in the 2nd quarter valued at about $7,195,000. Two Sigma Investments LP boosted its stake in shares of Oxford Industries by 394.9% in the 3rd quarter. Two Sigma Investments LP now owns 191,740 shares of the textile maker’s stock valued at $7,773,000 after purchasing an additional 152,995 shares during the last quarter. Lazard Asset Management LLC boosted its stake in shares of Oxford Industries by 569.6% in the 3rd quarter. Lazard Asset Management LLC now owns 174,314 shares of the textile maker’s stock valued at $7,067,000 after purchasing an additional 148,283 shares during the last quarter. Finally, Dupree Financial Group LLC bought a new position in shares of Oxford Industries in the 4th quarter valued at about $4,493,000. Institutional investors own 91.16% of the company’s stock.

About Oxford Industries

Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.