Company: Kontoor Brands Inc. (KTB)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Kontoor Brands Inc is a lifestyle apparel company. It is engaged in designing, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler and Lee. It manufactures its products in owned and leased facilities and distributes the products through both brick-and-mortar and e-commerce retailers. It generates the majority of its revenue from the Wrangler segment. The company’s geographical segments are the United States and International, of which the majority of its revenue comes from the United States. -Morningstar.com-
Symbol: KTB
Recent Price: $69.68
Dividends: $2.00
Yield: 2.87%
Sector: Consumer Cyclical
Industry: Apparel Manufacturing
Address & Company Phone #: 400 North Elm St Greensboro NC 27401, 336-332-3400
Transfer Agent: Computershare 800-730-4001
Moody’s Rating: NR
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: 5% of amount invested up to $3 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $63.96, $37.10