Boot Barn Holdings, Inc. (BOOT) Dividend Analysis

No. Boot Barn Holdings (BOOT) does not currently pay a dividend. The last payment in our data was in 2015, and nothing has been paid since.

Through share buybacks rather than dividends. Over the last twelve months Boot Barn Holdings reduced its share count at a rate equivalent to a 1.8% buyback yield. A buyback returns value by shrinking the share count, so each remaining share owns more of the business, but unlike a dividend it pays you nothing in cash and can be stopped at any time without an announcement.

On the numbers, yes. Boot Barn Holdings generated $117 million of free cash flow, which is about $3.81 per share. If it paid out half of that, the dividend would be roughly $1.91 per share, a yield of about 1.6% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.

Our Consumer Discretionary sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Boot Barn Holdings.