Buckle sets $0.35 quarterly dividend for July payout

KEARNEY, Neb. - The Buckle, Inc. (NYSE: BKE), a specialty retailer known for its denim and apparel offerings, has declared a quarterly dividend of $0.35 per share. The announcement came following a Board of Directors meeting on Monday. Shareholders on record by July 15, 2025, will be eligible for the dividend, which is scheduled for distribution on July 29, 2025. According to InvestingPro data, Buckle has maintained dividend payments for 23 consecutive years, with a current dividend yield of 9.15%.

The company, headquartered in Kearney, Nebraska, operates a chain of 438 retail stores across 42 states. Despite the recent closure of one store in fiscal May, Buckle continues to serve as a destination for consumers seeking a variety of denim brands, including their exclusive BKE line. The retailer emphasizes a unique shopping experience, combining quality products and exceptional service. InvestingPro analysis shows the company maintains impressive gross profit margins of 59% and operates with strong financial health, earning a "GREAT" overall score.

Buckle’s commitment to shareholder returns is evident in its latest dividend declaration, which will be welcomed by investors looking for steady income streams. The stock currently trades at a P/E ratio of 10.6, though InvestingPro analysis suggests the stock is slightly overvalued at current levels. The company also issued a reminder of the inherent uncertainties in forward-looking statements, citing potential risks and variables that could affect future financial results. These factors are further detailed in the company’s filings with the Securities and Exchange Commission.

The declaration of the dividend is based on a press release statement from The Buckle, Inc., and it reflects the company’s current financial position and strategy. As with all investments, shareholders and potential investors are encouraged to consider the full range of risks and market conditions when making financial decisions.

For additional information on The Buckle, Inc., including future financial disclosures and news updates, interested parties can visit the company’s website.

In other recent news, Buckle Inc. reported its first-quarter earnings for 2025, surpassing Wall Street expectations with an earnings per share (EPS) of $0.70, compared to the forecasted $0.66. The company saw a revenue increase of 3.7% year-over-year, reaching $272.1 million. Buckle’s women’s business segment showed strong momentum, contributing to this growth, while the men’s segment experienced a slight decline. Despite the earnings beat, UBS maintained its Neutral rating on Buckle, citing concerns about increased operating expenses and potential tariff impacts on future earnings. The firm maintained a price target of $40, aligning closely with the current trading price, indicating limited potential for near-term appreciation. UBS also highlighted Buckle’s solid comparable sales and gross margin percentages in recent quarters, yet suggested more attractive investment opportunities exist in the Softlines sector. Buckle plans to continue expanding its private label offerings and manage potential tariff impacts through strategic vendor relationships. The company is also focusing on opening new stores and remodeling existing ones to enhance its retail presence.

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