Williams-Sonoma hikes dividend by 15.8%
Williams-Sonoma Inc (WSM) will raise the quarterly dividend by 15.8% to $0.66 per share in 2025. This marks 19 straight years of increases by WSM. The dividend yields is 1.3%.
The quarterly dividend is payable on May 24, 2025, to stockholders of record as of the close of business on April 17, 2025.
“After another strong performance in 2024, we are proud to increase our quarterly dividend by 16%,” said Laura Alber, President and Chief Executive Officer. “We remain committed to maximizing shareholder value and delivering returns to our shareholders.”
“We are proud of our sixteen consecutive years of increased dividend payouts,” added Jeff Howie, Chief Financial Officer. “Over the last five years, we have returned over $4.1 billion to shareholders through dividends and share repurchases. Our continued profitability outperformance, coupled with our strong cash flows, have positioned us to provide these increased returns to our shareholders.”
Williams-Sonoma, Inc. is a specialty retailer of products for the home. These products are marketed through e-commerce websites, direct mail catalogs and retail stores. Williams-Sonoma, Inc. currently operates in the United States, Canada, Australia and the United Kingdom, offers international shipping to customers worldwide, and has unaffiliated franchisees that operate stores in the Middle East and the Philippines and stores and e-commerce websites in Mexico. Williams-Sonoma has paid a dividend to shareholders every year since 2006.