LONDON, UK / ACCESSWIRE / January 17, 2018 / Active-Investors has a free review on Foot Locker, Inc. (NYSE: FL) following the Company's announcement that it will begin trading ex-dividend on January 18, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on January 17, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on FL:

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Dividend Declared

On November 15, 2017, Foot Locker announced that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.31 per share, which will be payable on February 02, 2018, to shareholders of record on January 19, 2018.

Foot Locker's indicated dividend represents a yield of 2.61%, which is substantially above the average dividend yield of 1.84% for the Services sector. The Company has raised dividend for seven years in a row.

Dividend Insight

Foot Locker has a dividend payout ratio of 30.4%, which indicates that the Company spends approximately $0.30 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, Foot Locker is forecasted to report earnings of $4.14 per share for the next year, which is more than three times the Company's annualized dividend of $1.24 per share.

As of October 28, 2017, Foot Locker's cash and cash and equivalents totaled $890 million compared to $865 million as on October 29, 2016. The Company spent $304 million to repurchase 8.69 million shares during Q3 2017 and paid a quarterly dividend of $0.31 per share for $38 million. For the thirty-nine weeks ended October 28, 2017, Foot Locker's net cash provided by operating activities totaled $496 million compared to $477 million for the year ago corresponding period. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

About Foot Locker

Foot Locker, is a leading specialty athletic retailer. As of October 28, 2017, the Company operated 3,349 stores in 23 countries in North America, Europe, Australia, and New Zealand. Through its Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02 retail stores, as well as its direct-to-customer channels, including Eastbay.com, footlocker.com, and SIX02.com. Foot Locker, was founded in 1879 and is headquartered in New York, New York.

Stock Performance Snapshot

January 16, 2018 - At Tuesday's closing bell, Foot Locker's stock fell 1.03%, ending the trading session at $46.96.

Volume traded for the day: 3.68 million shares.

Stock performance in the last month ? up 3.55%; previous three-month period ? up 48.37%; and year-to-date ? up 0.17%

After yesterday's close, Foot Locker's market cap was at $5.61 billion.

Price to Earnings (P/E) ratio was at 11.83.

The stock has a dividend yield of 2.64%.

The stock is part of the Consumer Goods sector, categorized under the Textile - Apparel Footwear & Accessories industry.

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