J.Jill sets quarterly dividend at 8 cents per share

Published 03/06/2025, 21:26
J.Jill sets quarterly dividend at 8 cents per share

QUINCY, Mass. - J.Jill, Inc. (NYSE:JILL), a national lifestyle brand, has announced the declaration of a quarterly cash dividend by its Board of Directors. The company will pay $0.08 per share on its common stock, with the payment scheduled for July 9, 2025, to shareholders on record as of June 25, 2025. The annual dividend yield stands at 2.08%, supported by the company’s strong free cash flow yield of 21%. According to InvestingPro analysis, J.Jill currently appears undervalued based on its Fair Value estimates.

The brand, known for its women’s apparel, footwear, and accessories, operates with a philosophy centered on simplicity and relevance, catering to customers seeking ease and inspiration in their wardrobe choices. J.Jill maintains a significant retail presence with over 200 stores across the United States and a comprehensive e-commerce platform. The company demonstrates strong operational efficiency with impressive gross profit margins of 70.37% and trades at an attractive P/E ratio of 6.04. InvestingPro data reveals 8 additional key insights about J.Jill’s financial performance.

The company’s headquarters are located outside of Boston, and it has established itself as a key player in the fashion industry, offering a personalized shopping experience both in-store and online.

This dividend issuance reflects J.Jill’s ongoing commitment to providing value to its stockholders and confidence in its financial stability. The announcement is based on a press release statement from J.Jill, Inc. Investors and stakeholders can anticipate the dividend payout in early July, following the designated record date in late June.

In other recent news, J.Jill Inc. reported its first-quarter 2025 earnings, exceeding analyst expectations with an earnings per share (EPS) of $0.32, compared to the forecasted $0.21. The company’s revenue was slightly above projections at $142.8 million. Despite this positive performance, analysts at TD Cowen and Telsey Advisory Group adjusted their price targets for J.Jill, citing a challenging start to 2025 and consumer price sensitivity. TD Cowen maintained a Hold rating while lowering the target from $28 to $22, while Telsey reduced its target from $31 to $21, maintaining a Market Perform rating. Meanwhile, J.Jill has initiated a quarterly dividend program and announced a 14% increase in its quarterly dividend under the leadership of outgoing CEO Claire Spofford. The company has also entered a retention agreement with Maria Martinez, its Chief Human Resources Officer, to secure key executive talent. This agreement includes a retention bonus in the form of stock-settled Restricted Stock Units (RSUs). Additionally, J.Jill’s management has expressed optimism about the potential benefits of their new Order Management System (OMS), which is expected to enhance operational efficiencies and support long-term growth.

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