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 28th May 2016

US to rethink on inclusion of Indian PET in GSP

With the US set to rethink the inclusion of polyethylene...

Textiles | On 28th May 2016

China’s textile exports marginally down in Jan-April

The exports of textiles and apparel from China dropped marginally...

Textiles | On 28th May 2016

MMF sector seeks anti-dumping duty on Chinese fabrics

Reeling under the impact of cheap Chinese fabrics, Surat’s textile...

Interviews View All

Anvita Mehra
Confidential Couture

At what rate is the luxury products market growing in India? How are...

Frank Gossmann
Rotorcraft AG

What new innovations did Rotorcraft exhibit at the recent textile...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

What is the influence of foreign trends and designs on Indian fashion?

Mohammad Hassan
Biax Fiberfilm

<b><i>About one in every 20 patients picks up an infection while...

Silke Brand-Kirsch
Schlegel und Partner

<b><i>Silke Brand-Kirsch, executive partner of Schlegel und Partner, a...

Marten Alkhagen
Swerea IVF AB

<b><i>Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles...

Pranav Mishra
Huemn

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

Ritu Kumar
Label Ritu Kumar

"There are a lot of people wearing western clothes in India as well. But...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
May 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search