Ralph Lauren
With top fragrances and clothing lines, this is always a solid price for investors. Ralph Lauren Corp. (NYSE: RL) designs, markets and distributes lifestyle products in North America, Europe, Asia and elsewhere.
The company offers apparel, including a range of men’s, women’s and children’s clothing and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, umbrellas, and belts, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, lighting, tabletop, floor coverings, and giftware; and fragrances.
The company sells apparel and accessories under the Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Golf Ralph Lauren, Ralph Lauren Golf, RLX Ralph Lauren, Polo Ralph Lauren Children, Chaps, and Club Monaco brands; women’s fragrances under the Ralph Lauren Collection, Woman by Ralph Lauren, Romance Collection, Ralph Collection, and Big Pony Women’s brand names; and men’s fragrances under the Polo Blue, Safari, Purple Label, Polo Red, Polo Green, Polo Black, Polo Supreme, Polo Sport, and Big Pony Men’s brand names.
Ralph Lauren sells its products to department stores, specialty stores and golf and pro shops, as well as directly to consumers through its retail stores, concession-based shop-within-shops and its digital commerce sites. The company directly operates 548 retail stores and 650 concession-based shop-within-shops, and it operates 139 Ralph Lauren stores and 143 Club Monaco stores and shops through licensing partners.
Investors receive a 2.95% dividend. The $0.45 per share dividend is expected to increase to $0.50. Credit Suisse has set a $130 price objective. The consensus target is $132.91, and Ralph Lauren stock recently traded at $92.25.
These five top blue chip companies are expected to lift the dividends they pay to shareholders, and their stocks are rated Buy across Wall Street. Not only is increasing dividends and returning capital to investors important, but it shows that the company is doing well and has the earnings and cash flow strength to increase the payouts.
Originally posted at 24/7 Wall St.
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