UPDATE: Spartan Stores Approves 23% Increase in Quarterly Dividend
Spartan Stores, Inc., (Nasdaq: SPTN) today announced that its Board of Directors declared a quarterly cash dividend of $0.08 per common share, an increase of 23 percent from $0.065 per common share. The dividend is payable on June 15, 2012 to shareholders of record as of the close of business on June 1, 2012. As of May 15, 2012, there were 21,616,687 common shares outstanding.
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