Comparing PVH Corp’s stock market returns with peers
The apparel sector has been in the red for the most of the current year. The seven-company S&P 500 Apparel and Accessories Index, which tracks Ralph Lauren (RL), Michael Kors (KORS), Hanesbrands (HBI), VF Corporation (VFC), Coach (COH), PVH Corp (PVH), and Under Armour (UAA), has fallen 4% YTD (year-to-date).
Under Armour and Ralph Lauren are among the biggest losers—they have fallen 35% and 24% YTD. PVH Corp is among the better performing apparel stocks—it has risen 11% YTD. Coach is the only apparel and accessories competitor that has done better than PVH Corp this year. Coach has risen 29% YTD.
To learn about Wall Street analysts’ expectations and recommendations on PVH Corp stock, read Part 5 in this series.
Comparing PVH Corp’s dividend payout to peers
While PVH Corp has done better than most peers in the stock market, the dividend yield offered by its stock is among the lowest in the industry. The company’s one-year forward dividend yield typically hovers around 0.2%—compared to a yield of 3% and 3.4% offered by Coach and VF Corp.
Although PVH Corp has been a consistent dividend payer, it hasn’t increased its dividend per share in the last 15 years. It paid a fixed dividend of $0.038 per share with a dividend payout ratio of just 2.2%. In comparison, Coach, VF Corp, and Gap have higher payout ratios of 73%, 58%, and 53%, respectively.
ETF investors seeking to add exposure to PVH Corp can consider the iShares Edge MSCI Multifactor Consumer Discretionary ETF (CNDF), which invests 2.1% of its portfolio in PVH Corp.