Home / Knowledge / News / Apparel/Garments / Stage Stores raises quarterly dividend by 12%
Stage Stores raises quarterly dividend by 12%
11
Jun '14
Stage Stores, Inc. announced that its Board of Directors approved an increase in the Company’s quarterly dividend rate to 14.0 cents per share from the previous rate of 12.5 cents per share. The new quarterly rate will be applicable to dividends declared by the Board beginning August 21, 2014.
 
“This increase demonstrates our confidence in the growth of our business and financial flexibility. For the fifth consecutive year dividends have been increased, fulfilling our commitment to create shareholder value.”
 
“We are pleased to announce an increase in our quarterly dividend,” said Michael Glazer, President and Chief Executive Officer. “This increase demonstrates our confidence in the growth of our business and financial flexibility. For the fifth consecutive year dividends have been increased, fulfilling our commitment to create shareholder value.”
 
About Stage Stores
Stage Stores, Inc. operates primarily in small and mid-sized towns and communities. Its stores, which operate under the Bealls, Goody’s, Palais Royal, Peebles and Stage names, offer moderately priced, nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family. The Company operates 852 stores in 40 states. The Company also has an eCommerce website.

Stage Stores

Must ReadView All

Textiles | On 29th Sep 2016

CAI keeps 2016-17 cotton output at 336 lakh bales

The Cotton Association of India (CAI) has estimated cotton crop for...

Courtesy: Nandan Denim

Textiles | On 29th Sep 2016

Nandan Denim to raise Rs 100 crore through FPIs

Indian denim fabric producer Nandan Denim Ltd (NDL) plans to raise Rs ...

Apparel/Garments | On 29th Sep 2016

Outlook for Cambodia’s economy remains robust: ADB

Backed by 9.4 per cent growth in exports from the garment and...

Interviews View All

Anvita Mehra
Confidential Couture

Amardeep Singh
Orient Craft

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
September 2016

September 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search