The Traderszone Network

Published in TZ Latest News 1 August, 2017 by The TZ Newswire Staff

Is Hanesbrands Inc. Dividend Sustainable?

Paying a yield of 2.6%, investors seeking dividend stocks may find Hanesbrands (NYSE: HBI) an attractive option. The clothing company owns multiple brands including its namesake Hanes, Playtex, and Jockey. The company has increased its payout every year since 2013 and its most recent payout increased more than 36% over the prior year.

Image source: Getty Images

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