KTB

Kontoor Brands

$
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9

-$21.29 -38.53%
Abbott $ABT is a dividend aristocrat in the healthcare space. When they chose to spin off Abbvie $ABBV in 2013, the investment community considered the company a dividend aristocrat.

VF Corp $VFC spun off its denim business Kontoor Brands $KTB in 2019, I rarely hear people talk about the business like it was also a dividend aristocrat when it went public. Because of the dividend cuts during the pandemic, I can understand why any talk about the business being a dividend aristocrat was short-lived.

Overall, I do think that Kontoor Brands is a business worth paying attention to in the apparel space. $LEVI is a major denim brand and Kontoor Brands could see a similar level of success as Levi Strauss Co.
Always love looking at these Joel Greenblatt-style "unloved businesses" left behind after spinoffs. Forced selling in a lot of cases creates incredible buying opportunities.
View 5 more comments
Insiders are buying the dip on VF Corp $VFC
According to OpenInsider, insiders are warming up to the dip on VF Corp. With a dividend yield near 5% and having a dividend aristocrat status, I wouldn't be surprised if more people were choosing to capitalize on the deal that's being presented to them.

Meanwhile, there has been little insider buying on $KTB, the denim clothing spin-off of VF Corp.
Luka 🦉's avatar
$103.4m follower assets
Dividend Stock #5 🥾 $VFC
Hello fellow investors
this is post #5 out of #50, where I introduce you to all the dividend stocks in my portfolio

Today VF Corporation $VFC is in the spotlight 🔦

VF stands for Vanity Fair, and I expect many of you know approximately what we are talking about. It is a kind of company that is not well-known by name, but there is a strong possibility that one or more people in your family is now dressing with one of the brands they own.

By the way, it is not Vanity Fair the Magazine 😂

We are talking about:

The company is a $23B corporation managing production and distribution worldwide. Unfortunately, the stock price is still trading very low after the Covid crash of 2020, and I believe this is not justified.

Revenues are flat from around eight years, with no major increase/decrease, but we need to appreciate the strong increase of +10% in the gross profit, sign that the business model is solid and working well.

⚠️
To be honest, $VFC spun off $KTB (Wrangler + Lee brands) in May 2019, and that represented around $2.5B revenue, so it is not properly correct to say that $VFC revenues were flat, but anyway...

During the last period, the company also experienced strong online sales growth, which partially offset the stores' closure due to covid.

Important for me is also the dividend status: $VFC is a Dividend King 👑, increasing the dividend continuously from 48 years

At the moment, $VFC represents less than 1% of my dividend portfolio, but I plan to increase my position by about +25%.

Do you like such posts?
Give it an upvote, and follow me for more.
post mediapost media
Also, full disclosure: Immediately thought of Vanity Fair Magazine when I first started reading this post haha
View 4 more comments
Next

Longest holders

Commonstock is a social network that amplifies the knowledge of the best investors, verified by actual track records for signal over noise. Community members can link their existing brokerage accounts and share their real time portfolio, performance and trades (by percent only, dollar amounts never shared). Commonstock is not a brokerage, but a social layer on top of existing brokerages helping to create more engaged and informed investors.