Levi Strauss & Co. has historically maintained a conservative dividend policy, focusing on reinvesting earnings to support growth and expansion. The company has consistently paid dividends, reflecting its stable cash flow and commitment to returning value to shareholders. The dividend policy emphasizes sustainability and long-term growth.

Dividend Payout Ratio

The Dividend Payout Ratio is calculated as:

DividendPayoutRatio=DividendsperShare/EarningsperShare(EPS)

Assuming Levi's most recent financial statements show:

• Dividends per Share (DPS): $0.40
• Earnings per Share (EPS): $1.20

DividendPayoutRatio=0.40/1.20=0.3333 or 33.33%

Dividend Yield (As of July 26, 2024)

The Dividend Yield is calculated as:

DividendYield=DividendsperShare/StockPriceperShare

Assuming Levi's stock price as of July 26, 2024, is $20.00:

DividendYield=0.40/20.00=0.02or2%

Date of Dividend Payment Procedures

Based on typical dividend procedures and referencing the company's financial calendar:

• Declaration Date: Date on which the board of directors announces the dividend.
• Ex-Dividend Date: Date on which the stock starts trading without the dividend.
• Record Date: Date by which shareholders must be on the company's books to receive the dividend.
• Payment Date: Date on which the dividend is paid to shareholders.

For Levi's, assuming a quarterly dividend payment schedule, typical dates might be:

• Declaration Date: June 1, 2024
• Ex-Dividend Date: June 15, 2024
• Record Date: June 17, 2024
• Payment Date: July 1, 2024

Stock Dividends, Stock Splits, and Stock Repurchases

Stock Dividends:

Levi's occasionally issues stock dividends to shareholders, distributing additional shares proportional to their existing holdings. This helps to reinvest profits back into the company and reward shareholders without using cash reserves.

Stock Splits:

Levi's might use stock splits to make shares more affordable and increase liquidity. For example, in a 2-for-1 split, each shareholder receives an additional share for every share they own, reducing the stock price by half but doubling the number of shares.

Explanation:

Stock Repurchases:

Levi's engages in stock repurchases to buy back its own shares from the market. This strategy is used to reduce the number of outstanding shares, increasing the value of remaining shares and providing a return to shareholders. Repurchases are typically announced during periods of strong financial performance or when the company believes its stock is undervalued.

These strategies reflect Levi's approach to managing its capital structure, optimizing shareholder value, and maintaining flexibility in financial planning expand it more for me