Dick's Sporting Goods Raises Quarterly Dividend 3% to $1.25 Per Share
Dick's Sporting Goods, a sporting goods retailer listed on the New York Stock Exchange, declared a quarterly cash dividend of $1.25 per share, marking a 3% increase from the prior quarterly payment of $1.2125 per share.
Dick's Sporting Goods, Inc. (NYSE: DKS), a sporting goods retailer, declared a quarterly cash dividend of $1.25 per share on March 11, 2026. The dividend represents a 3% increase from the company's previous quarterly payment of $1.2125 per share. Read more dividend announcements.
The dividend is payable on April 10, 2026 to stockholders of record at the close of business on March 27, 2026. The payment applies to both the company's common stock and Class B common stock.
At the new rate, the annualized dividend totals $5.00 per share. The company has consistently paid quarterly dividends, having distributed $1.2125 per share each quarter throughout fiscal 2025 and $1.10 per share in fiscal 2024.
| Dividend Details | Information |
|---|---|
| Amount | $1.25 per share |
| Record Date | March 27, 2026 |
| Payment Date | April 10, 2026 |
| Annualized Dividend | $5.00 per share |
| Previous Quarterly Amount | $1.2125 per share |
Recent Financial Activity
The dividend declaration comes as the company reported fourth quarter results for the period ended January 31, 2026. Dick's delivered 3.1% comparable sales growth for its core business during the quarter.
During the 52 weeks ended January 31, 2026, the company repurchased 1.6 million shares of its common stock at an average price of $216.01 per share, for a total cost of $342.1 million. The company has $3.2 billion remaining under existing share repurchase authorizations as of January 31, 2026.
Dick's completed its acquisition of Foot Locker, Inc. on September 8, 2025, in a deal valued at $2.5 billion. The transaction included $2.1 billion in share consideration for the issuance of 9.6 million shares of Dick's common stock, $223.0 million in cash consideration, and $111.6 million from the company's pre-existing equity ownership in Foot Locker.
The company recorded pre-tax charges of $390.0 million during fiscal 2025 related to the Foot Locker acquisition, including costs associated with optimizing inventory, closing underperforming stores, and merger integration expenses. Net capital expenditures for the year totaled $892.0 million for the Dick's business and $83.5 million for the Foot Locker business.