Gap (GAP) Drops 11.56% Ahead of Dividend Payout

We recently published These 10 Stocks Fell Hard. Are You Holding Any? The Gap, Inc. (NYSE:GAP) is one of this week’s top performers.

The Gap Inc. declined by 11.56 percent week-on-week, finishing at $20.19 last Friday versus $22.83 on July 11, as investors sold off positions following the ex-dividend date for its second quarter dividend payout.

In May this year, The Gap, Inc. (NYSE:GAP) said its board of directors approved the distribution of dividends worth $0.165 per share to shareholders as of the July 9 record date. Payments will be made on July 30, 2025.

Based on its historical earnings reporting dates, The Gap, Inc. (NYSE:GAP) is set to announce its second-quarter earnings in the fourth week of August 2025.

In the first quarter ending May 2025, The Gap, Inc. (NYSE:GAP) grew its net income by 22 percent to $193 million from $158 million in the same period last year.

Net sales dipped by 2 percent to $3.46 billion from $3.39 billion year-on-year.

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