Hey guys, good news if you are a owner of Williams Sonoma shares as the consumer retail company announced today, September 15, 2017 that its board of directors have declared a quarterly cash dividend of US$0.39 per common share. The stock currently has a market price of US$49.09 per stock, 85.104 million shares outstanding, market capitalization of US$4.178 billion, P/E Ratio of 14.21 and forward dividend yield of 3.18%.
A little background on Williams Sonoma for those who do not know. Williams Sonoma is an American publicly traded consumer retail company founded in 1956, which specializes in the sale of kitchen wares and home furnishings. It is one of the biggest multi-channel specialty retailers in the world. The company has numerous amount of stores internationally operating under a portfolio of brands which are PBteen, Williams Sona, Williams Sonoma homes, West Elm, Mark and Graham, Rejuvenation and Pottery Barn Kids.
Williams Sonoma has its headquarters in San Francisco, California, United States, but operates in Canada, Australia, and United Kingdom. Though it is not established in other countries, it avails buyers in foreign countries the option of international shipping to customers worldwide, and has unaffiliated stores in the Middle East, Philippines and South Korea.