Hanesbrands Inc. (HBI) in Winston-Salem, N.C. is a consumer products company that develops, manufactures, sources, and distributes a variety of basic clothes for men, women, and children. The company operates through three segments: innerwear; activewear; and international. As of Jan. 2, 2022, it operated 216 retail and direct outlet stores in the United States and the Commonwealth of Puerto Rico and 626 retail and outlet outlets overseas.
While HBI's four-year average dividend yield is 3.9%, its current dividend translates to a 4.8% yield. It declared a $0.15 per share quarterly dividend on April 26, 2022, to be paid on May 31, 2022. However, the stock has declined 24.8% in price year-to-date and 12% over the past month to close yesterday's trading session at 12.58.
