This Retailer Just Hiked Its Dividend After Blowout Earnings

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Retailer Dick’s Sporting Goods DKS -2.64% ▼ has raised its quarterly dividend after reporting strong quarterly financial results.

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Going forward, Dick’s said it will pay a quarterly distribution to stockholders of $1.25 per share. That’s up 3.1% from $1.21 previously and brings the company’s annual dividend payout to $5 a share. Following the increase, DKS stock will boast a dividend yield of nearly 3%.

Dick’s Sporting Goods has now increased its dividend for 12 consecutive years. The sporting goods retailer has consistently maintained a cash dividend payment to shareholders since 2011. The latest hike comes after Dick’s Sporting Goods posted fourth-quarter 2025 financial results that trounced Wall Street forecasts.

Dick’s Latest Earnings

The sporting goods chain announced earnings per share (EPS) of $3.45, which handily beat the $2.87 consensus expectation of analysts. Revenue of $6.23 billion was ahead of the $6.07 billion forecast on Wall Street. Sales were up 60% from a year earlier.

Management attributed the strong results to a better-than-expected year-end holiday quarter, as well as its acquisition of former rival Foot Locker. Dick’s acquired Foot Locker last year in a $2.5 billion deal, and the combined company is now one of the largest distributors of athletic brands such as Nike NKE +0.15% ▲ .

Is DKS Stock a Buy?

Dick’s Sporting Goods has a consensus Moderate Buy rating among seven Wall Street analysts. That rating is based on five Buy and two Hold recommendations issued in the last three months. The average DKS price target of $253.71 implies 25.70% upside from current levels. These ratings could change after the company’s financial results.

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