Boston, MA 09/05/2014 (wallstreetpr) – As per the Yahoo! Finance’s report, VF Corp (NYSE:VFC) has announced that it will conduct an investor meeting on September 17, 2014. The company, in the meeting, will highlight its significant Timberland® brand. In this meeting, the investors will also get to have an overview of the brand’s enduring growth tactics, which include the milestones since the acquisition by VF in 2011, branding strategy, prime innovation plus product initiatives, expansion strategies depending on geography, and finally, an update on the brand’s direct-to-consumer business.
Members to be present
VF Corp (NYSE:VFC)’s senior vice president, Americas, Steve Rendle and VF Coalition President, Outdoor Americas, Patrik Frisk, along with other distinguished members of the brand’s senior management team will take part in an investor meeting. Presentations will be accessible through the investor relations part of the company’s website.
Ex-dividend trading
Also, the company featured on the news of NASDAQ. VF Corporation will initiate trading ex-dividend on September 5, 2014. According to the report, a cash dividend is supposed to be paid to the shareholders. A cash-dividend will be paid on September 19, 2014 to the shareholders who have bought the company’s stocks before the ex-dividend date. The eligible shareholders will be given a payment of $0.2625 per share. It is the 3rd quarter that VF Corp (NYSE:VFC) has paid the same dividend. The dividend yield, at the present stock price, is 1.63%.
Funding of $10 million
As published in Fashion United, VF Corporation, the American apparel colossal, has partnered with the International Finance Corporation to assist factories in Bangladesh. VF Corp (NYSE:VFC) with the IFC has planned to offer $10 million to help in funding the progress of the fire, as well as safety standards of the supplier factories in Bangladesh.
The CEO, President, and chairman of VF, Eric Wiseman stated that the safety of the people contributing to the manufacture of the company’s products is first. This noble program will ensure that its suppliers get access to the requisite capital in order to successfully conclude the safety improvement plans.
