Staples Announces 10 Percent Increase in Quarterly Cash Dividend
Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.11 per share, an increase of 10 percent over the previous quarterly cash dividend of $0.10 per share. On an annualized basis, the quarterly dividend is equal to $0.44 per share compared to $0.40 per share that the Company paid in 2011. The dividend is payable on April 12, 2012, to shareholders of record on March 23, 2012.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.