Gap Inc. announces third quarter dividend of $0.165 per share

SAN FRANCISCO - Gap Inc. (NYSE:GAP) announced Wednesday that its board of directors has authorized a third quarter fiscal year 2025 dividend of $0.165 per share, representing a 3.23% yield. The company has maintained dividend payments for 50 consecutive years, according to InvestingPro data.

The dividend will be payable on or after October 29, 2025, to shareholders of record at the close of business on October 8, 2025, according to a company press release.

Gap Inc., which operates the Old Navy, Gap, Banana Republic, and Athleta brands, is the largest specialty apparel company in America. The company offers clothing, accessories, and lifestyle products through company-operated stores, franchise locations, and e-commerce platforms.

The retailer has been in operation since 1969, providing products for men, women, and children worldwide. The dividend announcement represents part of the company’s regular quarterly financial activities. InvestingPro analysis indicates the company is currently trading near its Fair Value, with a "GREAT" overall financial health score. Get access to detailed financial analysis and 7 additional ProTips for GAP through InvestingPro’s comprehensive research reports.

In other recent news, Gap Inc. reported impressive financial results for the first quarter of fiscal year 2025. The company exceeded earnings expectations with earnings per share (EPS) of $0.51, surpassing the forecast of $0.44. Revenue also outperformed projections, reaching $3.46 billion compared to the anticipated $3.41 billion. Analyst firms have weighed in on Gap’s performance, with Citi maintaining a Buy rating while adjusting the price target from $33.00 to $30.00, citing strong sales and reduced expenses. Similarly, JPMorgan continues to hold an Overweight rating with a price target of $29, based on Gap’s growth strategies and financial projections.

TD Cowen also maintained a Buy rating but lowered its price target to $29.00 from $31.00, noting potential growth in the Banana Republic and Athleta brands. In leadership developments, Gap announced the appointment of Maggie Gauger as the new CEO of Athleta, effective August 1. Gauger brings over two decades of experience from Nike, where she led the North America Women’s Business. These developments highlight Gap’s strategic focus on leadership and brand growth.

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