Gap Inc. Announces 10 Percent Increase to First Quarter Dividend

Company Overview - Gap Inc. is the largest specialty apparel company in America, operating iconic brands such as Old Navy, Gap, Banana Republic, and Athleta [2] - The company offers a wide range of clothing, accessories, and lifestyle products for men, women, and children [2] - In fiscal year 2023, Gap Inc. reported net sales of $14.9 billion [2] Dividend Announcement - Gap Inc. announced a first quarter fiscal year 2025 dividend of$0.165 per share, payable on or after April 30, 2025 [1] - The dividend is set for shareholders of record at the close of business on April 9, 2025 [1] - This dividend represents a 10 percent increase compared to the fourth quarter of fiscal year 2024 [1]