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Is Guess (GES) One of the Best Stocks for Consistent Passive Income?
Yahoo Financeยท 2025-09-28 00:42
Core Viewpoint - Guess?, Inc. (NYSE:GES) is recognized as one of the best stocks for passive income due to its consistent dividend payments and strong brand presence in the apparel industry [1][4]. Company Overview - Guess?, Inc. is an international apparel and accessories company known for its denim, casualwear, and lifestyle collections, connecting with customers through retail stores, wholesale partnerships, and licensing agreements [2]. Business Strategy - The company's success is attributed to maintaining strong brand value, expanding its global presence, and utilizing multiple distribution channels. Strategic acquisitions, product innovation, and impactful marketing are essential for keeping the brand relevant [3]. - Expansion efforts in Europe and Asia are aimed at reducing reliance on any single region, while sustainability initiatives and acquisitions, such as rag & bone, further enhance growth [3]. Financial Performance - Guess?, Inc. has made regular dividend payments for 18 consecutive years, with a recent 25% increase in its quarterly dividend to $0.225 per share. The stock currently has a dividend yield of 5.35% as of September 22 [4].