Will Investors Lose Their Shirts Chasing Gap’s 6.8% Dividend?

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Gap shares are down 20% year-to-date and more than 70% from their post-Covid peak, but now offer a 6.8% forward dividend yield. Gap shares ‘gapped down’ on March 10th after the company reported disappointing fourth quarter results. Improving inventory levels and cost cutting have Gap entering fiscal 2023 on better footing even as its stock […]

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