Reported 3 days ago
Tapestry, Inc. (NYSE:TPR), the parent company of Coach New York and Kate Spade, is recognized as a must-buy dividend stock, especially for investors focused on fashion. The company has strategically positioned itself by managing its brand portfolio, enhancing its omni-channel approach, expanding into new markets, and driving product innovation. Notably, Tapestry recently increased its dividend by 14.3% to $0.40 per share, resulting in a commendable 5-year dividend growth rate of over 16.5%. With a current dividend yield of 1.41%, Tapestry offers value for fashion-centric investors seeking consistent income.
Source: YAHOO