5 Worst Performing Dividend Stocks YTD

2. Foot Locker, Inc. (NYSE:FL)

Year-to-Date Share Price Drop as of September 13: 53.04%

Foot Locker, Inc. (NYSE:FL) is an American footwear and sportswear retailer operating in over 28 countries worldwide. The company’s share price fell as it slashed its fiscal year outlook twice this year due to a consistent decline in its comparable store sales. The stock delivered a negative return of 53.04% to shareholders so far this year, becoming one of the worst-performing dividend stocks in 2023.

Foot Locker, Inc. (NYSE:FL) was a part of 20 hedge fund portfolios at the end of Q2 2023, according to Insider Monkey’s database. The stakes owned by these hedge funds have a total value of over $409.7 million.