Dividend Overview
The Gap (GPS) pays a quarterly dividend to its shareholders. The current dividend yield is 2.98%, which means that for every $100 invested at the current price, investors would receive approximately $2.98 in dividends per year (this can change based on future dividend payments and price movements).
About GPS's Dividend
The Gap pays a quarterly dividend of $0.15 per share, which totals $0.60 annually. This means that for each share you own, you'll receive $0.60 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was October 09, 2024. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
The Gap's payout ratio is 0.27% which means that 0.27% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
The Gap's dividend has decreased by -0.01% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
GPS Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.15 | 2.98% | October 09, 2024 | October 09, 2024 | October 30, 2024 | August 13, 2024 |
| $0.15 | 2.65% | July 10, 2024 | July 10, 2024 | July 31, 2024 | May 07, 2024 |
| $0.15 | 2.59% | April 09, 2024 | April 10, 2024 | May 01, 2024 | February 27, 2024 |
| $0.15 | 2.87% | January 02, 2024 | January 03, 2024 | January 31, 2024 | November 07, 2023 |
| $0.15 | 5.86% | October 03, 2023 | October 04, 2023 | October 25, 2023 | August 16, 2023 |
| $0.15 | 6.75% | July 03, 2023 | July 05, 2023 | July 26, 2023 | May 09, 2023 |
| $0.15 | 6.19% | April 04, 2023 | April 05, 2023 | April 26, 2023 | March 02, 2023 |
| $0.15 | 5.30% | January 03, 2023 | January 04, 2023 | January 25, 2023 | November 08, 2022 |
| $0.15 | 6.17% | October 04, 2022 | October 05, 2022 | October 26, 2022 | August 15, 2022 |
| $0.15 | 6.19% | July 05, 2022 | July 06, 2022 | July 27, 2022 | May 10, 2022 |
| $0.15 | 3.72% | April 05, 2022 | April 06, 2022 | April 27, 2022 | February 24, 2022 |
| $0.12 | 1.93% | January 04, 2022 | January 05, 2022 | January 26, 2022 | November 10, 2021 |
| $0.12 | 1.01% | October 05, 2021 | October 06, 2021 | October 27, 2021 | August 10, 2021 |
| $0.12 | 0.37% | July 06, 2021 | July 07, 2021 | July 28, 2021 | May 11, 2021 |
| $0.2425 | 0.79% | April 06, 2021 | April 07, 2021 | April 28, 2021 | March 02, 2020 |
| $0.2425 | 5.38% | January 07, 2020 | January 08, 2020 | January 29, 2020 | November 14, 2019 |
| $0.2425 | 6.05% | October 08, 2019 | October 09, 2019 | October 30, 2019 | August 14, 2019 |
| $0.2425 | 5.39% | July 09, 2019 | July 10, 2019 | July 31, 2019 | May 22, 2019 |
| $0.2425 | 3.78% | April 09, 2019 | April 10, 2019 | May 01, 2019 | February 26, 2019 |
| $0.2425 | 3.85% | January 08, 2019 | January 09, 2019 | January 30, 2019 | November 15, 2018 |
| $0.2425 | 3.48% | October 09, 2018 | October 10, 2018 | October 31, 2018 | August 17, 2018 |
| $0.2425 | 3.05% | July 10, 2018 | July 11, 2018 | August 01, 2018 | May 23, 2018 |
| $0.2425 | 3.03% | April 10, 2018 | April 11, 2018 | May 02, 2018 | March 01, 2018 |
| $0.23 | 2.72% | January 02, 2018 | January 03, 2018 | January 31, 2018 | November 09, 2017 |
| $0.23 | 3.18% | October 03, 2017 | October 04, 2017 | October 25, 2017 | August 11, 2017 |
| $0.23 | 4.18% | June 30, 2017 | July 05, 2017 | July 26, 2017 | May 22, 2017 |
| $0.23 | 3.88% | April 03, 2017 | April 05, 2017 | April 26, 2017 | February 24, 2017 |
| $0.23 | 4.10% | December 30, 2016 | January 04, 2017 | January 25, 2017 | November 11, 2016 |
| $0.23 | 4.22% | October 03, 2016 | October 05, 2016 | October 26, 2016 | August 12, 2016 |
| $0.23 | 4.30% | July 01, 2016 | July 06, 2016 | July 27, 2016 | May 19, 2016 |
| $0.23 | 3.12% | April 04, 2016 | April 06, 2016 | April 27, 2016 | February 26, 2016 |
| $0.23 | 3.61% | January 04, 2016 | January 06, 2016 | January 27, 2016 | November 16, 2015 |
| $0.23 | 3.13% | October 05, 2015 | October 07, 2015 | October 28, 2015 | August 14, 2015 |
| $0.23 | 2.34% | July 06, 2015 | July 08, 2015 | July 29, 2015 | May 21, 2015 |
| $0.23 | 2.07% | April 06, 2015 | April 08, 2015 | April 29, 2015 | February 27, 2015 |
| $0.22 | 2.09% | January 05, 2015 | January 07, 2015 | January 28, 2015 | November 13, 2014 |
| $0.22 | 2.09% | October 06, 2014 | October 08, 2014 | October 29, 2014 | August 15, 2014 |
| $0.22 | 2.02% | July 07, 2014 | July 09, 2014 | July 30, 2014 | May 21, 2014 |
| $0.22 | 1.91% | April 07, 2014 | April 09, 2014 | April 30, 2014 | February 28, 2014 |
| $0.2 | 1.79% | January 06, 2014 | January 08, 2014 | January 29, 2014 | November 14, 2013 |
| $0.2 | 1.70% | October 11, 2013 | October 16, 2013 | October 30, 2013 | August 26, 2013 |
| $0.15 | 1.26% | July 08, 2013 | July 10, 2013 | July 31, 2013 | July 05, 2013 |
| $0.15 | 1.42% | April 08, 2013 | April 10, 2013 | May 01, 2013 | March 04, 2013 |
| $0.125 | 1.64% | December 28, 2012 | January 02, 2013 | January 30, 2013 | November 13, 2012 |
| $0.125 | 1.31% | October 05, 2012 | October 10, 2012 | October 24, 2012 | August 16, 2012 |
| $0.125 | 1.74% | June 29, 2012 | July 03, 2012 | July 24, 2012 | May 18, 2012 |
| $0.125 | 1.78% | April 03, 2012 | April 05, 2012 | April 27, 2012 | February 27, 2012 |
| $0.1125 | 2.43% | December 30, 2011 | January 04, 2012 | January 25, 2012 | November 10, 2011 |
| $0.1125 | 2.53% | October 07, 2011 | October 12, 2011 | October 26, 2011 | September 20, 2011 |
| $0.113 | 2.32% | July 01, 2011 | July 06, 2011 | July 27, 2011 | May 20, 2011 |
| $0.1125 | 1.83% | April 04, 2011 | April 06, 2011 | April 27, 2011 | February 28, 2011 |
| $0.1 | 1.80% | January 03, 2011 | January 05, 2011 | January 26, 2011 | November 11, 2010 |
| $0.1 | 2.11% | October 08, 2010 | October 13, 2010 | October 27, 2010 | September 29, 2010 |
| $0.1 | 1.90% | July 02, 2010 | July 07, 2010 | July 28, 2010 | May 20, 2010 |
| $0.1 | 1.49% | April 05, 2010 | April 07, 2010 | April 28, 2010 | February 26, 2010 |
| $0.085 | 1.66% | January 04, 2010 | January 06, 2010 | January 27, 2010 | November 19, 2009 |
| $0.085 | 1.53% | October 09, 2009 | October 14, 2009 | October 28, 2009 | October 05, 2009 |
| $0.085 | 2.26% | July 06, 2009 | July 08, 2009 | July 29, 2009 | May 21, 2009 |
| $0.085 | 2.35% | April 06, 2009 | April 08, 2009 | April 29, 2009 | February 25, 2009 |
| $0.085 | 2.44% | January 05, 2009 | January 07, 2009 | January 28, 2009 | November 18, 2008 |
| $0.085 | 2.41% | October 09, 2008 | October 14, 2008 | October 28, 2008 | October 01, 2008 |
| $0.085 | 2.01% | July 03, 2008 | July 08, 2008 | July 29, 2008 | June 03, 2008 |
| $0.085 | 1.71% | April 04, 2008 | April 08, 2008 | April 29, 2008 | March 26, 2008 |
| $0.08 | 1.60% | January 07, 2008 | January 09, 2008 | January 30, 2008 | November 27, 2007 |
| $0.08 | 1.68% | October 12, 2007 | October 16, 2007 | October 30, 2007 | October 02, 2007 |
| $0.08 | 1.66% | July 06, 2007 | July 10, 2007 | July 31, 2007 | June 06, 2007 |
| $0.08 | 1.81% | April 05, 2007 | April 10, 2007 | May 01, 2007 | March 27, 2007 |
| $0.08 | 1.64% | December 29, 2006 | January 03, 2007 | January 24, 2007 | November 30, 2006 |
| $0.08 | 1.48% | October 05, 2006 | October 10, 2006 | October 24, 2006 | September 27, 2006 |
| $0.08 | 1.44% | June 30, 2006 | July 05, 2006 | July 25, 2006 | May 09, 2006 |
| $0.08 | 1.15% | March 31, 2006 | April 04, 2006 | April 25, 2006 | March 22, 2006 |
| $0.045 | 1.02% | December 30, 2005 | January 04, 2006 | January 25, 2006 | December 02, 2005 |
| $0.045 | 0.93% | October 06, 2005 | October 11, 2005 | October 25, 2005 | September 27, 2005 |
| $0.045 | 0.68% | June 30, 2005 | July 05, 2005 | July 26, 2005 | May 11, 2005 |
| $0.045 | 0.53% | April 01, 2005 | April 05, 2005 | April 26, 2005 | March 22, 2005 |
| $0.0222 | 0.43% | February 04, 2005 | February 08, 2005 | February 23, 2005 | January 26, 2005 |
| $0.0222 | 0.40% | November 17, 2004 | November 19, 2004 | December 13, 2004 | September 28, 2004 |
| $0.0222 | 0.47% | August 25, 2004 | August 27, 2004 | September 20, 2004 | July 28, 2004 |
| $0.0222 | 0.41% | May 19, 2004 | May 21, 2004 | June 07, 2004 | March 23, 2004 |
| $0.0222 | 0.43% | February 25, 2004 | February 27, 2004 | March 15, 2004 | January 28, 2004 |
| $0.0222 | 0.41% | December 17, 2003 | December 19, 2003 | January 07, 2004 | December 09, 2003 |
| $0.0222 | 0.49% | September 17, 2003 | September 19, 2003 | October 06, 2003 | July 29, 2003 |
| $0.0222 | 0.53% | May 21, 2003 | May 23, 2003 | June 09, 2003 | March 25, 2003 |
| $0.0222 | 0.60% | February 26, 2003 | February 28, 2003 | March 17, 2003 | January 28, 2003 |
| $0.0222 | 0.55% | December 04, 2002 | December 06, 2002 | December 26, 2002 | October 28, 2002 |
| $0.0222 | 0.73% | September 19, 2002 | September 23, 2002 | October 10, 2002 | September 10, 2002 |
| $0.0222 | 0.63% | May 29, 2002 | May 31, 2002 | June 17, 2002 | May 22, 2002 |
| $0.0222 | 0.66% | February 26, 2002 | February 28, 2002 | March 18, 2002 | January 30, 2002 |
| $0.0222 | 0.65% | December 05, 2001 | December 07, 2001 | December 26, 2001 | October 30, 2001 |
| $0.0222 | 0.71% | September 19, 2001 | September 21, 2001 | October 08, 2001 | September 10, 2001 |
| $0.0222 | 0.29% | May 31, 2001 | June 04, 2001 | June 21, 2001 | May 23, 2001 |
| $0.0222 | 0.32% | February 21, 2001 | February 23, 2001 | March 12, 2001 | January 24, 2001 |
| $0.0222 | 0.34% | November 29, 2000 | December 01, 2000 | December 26, 2000 | October 24, 2000 |
| $0.0222 | 0.35% | September 14, 2000 | September 18, 2000 | October 03, 2000 | September 06, 2000 |
| $0.0222 | 0.27% | May 24, 2000 | May 26, 2000 | June 12, 2000 | May 16, 2000 |
| $0.0222 | 0.21% | February 23, 2000 | February 25, 2000 | March 13, 2000 | January 25, 2000 |
| $0.0222 | 0.21% | December 20, 1999 | December 22, 1999 | December 31, 1999 | December 17, 1999 |
| $0.0222 | 0.24% | September 16, 1999 | September 20, 1999 | September 30, 1999 | September 08, 1999 |
| $0.0333 | 0.19% | June 02, 1999 | June 04, 1999 | June 14, 1999 | May 20, 1999 |
| $0.0333 | 0.18% | March 03, 1999 | March 05, 1999 | March 15, 1999 | January 26, 1999 |
| $0.022 | 0.24% | December 08, 1998 | December 10, 1998 | December 28, 1998 | November 23, 1998 |
| $0.05 | 0.33% | September 17, 1998 | September 21, 1998 | October 01, 1998 | September 10, 1998 |
| $0.05 | 0.37% | June 03, 1998 | June 05, 1998 | June 15, 1998 | May 20, 1998 |
| $0.05 | 0.46% | March 04, 1998 | March 06, 1998 | March 16, 1998 | February 24, 1998 |
| $0.075 | 0.54% | December 03, 1997 | December 05, 1997 | December 29, 1997 | November 25, 1997 |
| $0.075 | 0.60% | September 03, 1997 | September 05, 1997 | September 15, 1997 | August 26, 1997 |
| $0.075 | 0.91% | June 04, 1997 | June 06, 1997 | June 16, 1997 | May 20, 1997 |
| $0.075 | 0.89% | March 05, 1997 | March 07, 1997 | March 17, 1997 | February 25, 1997 |
| $0.075 | 0.91% | December 04, 1996 | December 06, 1996 | December 30, 1996 | November 25, 1996 |
| $0.075 | 0.84% | September 04, 1996 | September 06, 1996 | September 16, 1996 | August 27, 1996 |
| $0.075 | 0.75% | June 05, 1996 | June 07, 1996 | June 17, 1996 | May 21, 1996 |
| $0.15 | 0.96% | March 06, 1996 | March 08, 1996 | March 18, 1996 | February 27, 1996 |
| $0.12 | 0.99% | November 29, 1995 | December 01, 1995 | December 26, 1995 | November 20, 1995 |
| $0.12 | 1.50% | August 30, 1995 | September 01, 1995 | September 11, 1995 | August 22, 1995 |
| $0.12 | 1.39% | May 26, 1995 | June 02, 1995 | June 12, 1995 | |
| $0.12 | 1.54% | March 02, 1995 | March 08, 1995 | March 17, 1995 | |
| $0.12 | 1.28% | November 28, 1994 | December 02, 1994 | December 27, 1994 | |
| $0.12 | 1.00% | August 29, 1994 | September 02, 1994 | September 12, 1994 | |
| $0.12 | 0.94% | May 27, 1994 | June 03, 1994 | June 13, 1994 | |
| $0.1 | 0.88% | February 28, 1994 | March 04, 1994 | March 14, 1994 | |
| $0.1 | 0.94% | November 29, 1993 | December 03, 1993 | December 27, 1993 | |
| $0.1 | 1.27% | August 30, 1993 | September 03, 1993 | September 13, 1993 | |
| $0.1 | 0.97% | May 28, 1993 | June 04, 1993 | June 14, 1993 | |
| $0.08 | 1.02% | March 01, 1993 | |||
| $0.08 | 0.85% | November 30, 1992 | December 04, 1992 | December 29, 1992 | |
| $0.08 | 0.94% | August 31, 1992 | September 04, 1992 | September 14, 1992 | |
| $0.08 | 0.96% | June 08, 1992 | June 12, 1992 | June 17, 1992 | |
| $0.08 | 0.63% | March 02, 1992 | March 06, 1992 | March 16, 1992 | |
| $0.08 | 0.56% | December 02, 1991 | December 06, 1991 | January 02, 1992 | |
| $0.08 | 0.65% | August 30, 1991 | September 06, 1991 | September 16, 1991 | |
| $0.16 | 0.81% | June 03, 1991 | June 07, 1991 | June 17, 1991 | |
| $0.125 | 1.01% | March 04, 1991 | March 08, 1991 | March 18, 1991 | |
| $0.125 | 1.34% | December 03, 1990 | December 07, 1990 | January 02, 1991 | |
| $0.25 | 1.53% | August 31, 1990 | September 07, 1990 | September 17, 1990 | August 30, 1990 |
| $0.19 | 1.14% | June 04, 1990 | June 08, 1990 | June 18, 1990 | May 31, 1990 |
| $0.19 | 1.28% | March 05, 1990 | March 09, 1990 | March 19, 1990 | March 01, 1990 |
| $0.19 | 1.34% | November 27, 1989 | December 01, 1989 | January 02, 1990 | November 22, 1989 |
| $0.19 | 1.19% | August 28, 1989 | September 01, 1989 | September 11, 1989 | August 23, 1989 |
| $0.15 | 1.21% | May 26, 1989 | June 02, 1989 | June 12, 1989 | May 25, 1989 |
| $0.15 | 1.40% | February 27, 1989 | March 03, 1989 | March 13, 1989 | February 23, 1989 |
| $0.125 | 1.30% | November 28, 1988 | December 02, 1988 | January 02, 1989 | November 28, 1988 |
| $0.125 | 1.64% | August 29, 1988 | September 02, 1988 | September 12, 1988 | August 25, 1988 |
| $0.125 | 2.13% | May 27, 1988 | June 03, 1988 | June 13, 1988 | |
| $0.125 | 1.85% | February 29, 1988 | March 04, 1988 | March 14, 1988 | February 24, 1988 |
| $0.125 | 2.70% | November 30, 1987 | December 04, 1987 | January 04, 1988 | November 27, 1987 |
| $0.125 | 0.54% | August 31, 1987 | September 04, 1987 | September 14, 1987 | August 27, 1987 |
| $0.125 | 0.41% | June 01, 1987 | June 05, 1987 | June 15, 1987 | May 27, 1987 |
| $0.125 | 0.24% | March 02, 1987 | March 06, 1987 | March 16, 1987 | February 25, 1987 |
| $0.125 | 0.29% | December 01, 1986 | December 05, 1986 | January 02, 1987 | December 01, 1986 |
Dividend Growth
The Gap (GPS) dividend payments have decreased -1.35% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for GPS
- Dividend Payout Ratio: 0.27% Low risk
- Dividend & Capex Coverage Ratio: 2.21x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -0.01% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. The Gap's payout ratio is 0.27% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 2.21x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates The Gap can comfortably cover its dividends and necessary investments from its operating cash flow.
The Gap's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
The Gap's dividend growth rate of -0.01% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.