Home / Knowledge / News / Apparel/Garments / Destination Maternity declares dividend of $0.20/share
Destination Maternity declares dividend of $0.20/share
24
Jul '14
Destination Maternity Corporation, the world's leading maternity apparel retailer, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share. The cash dividend will be payable September 26, 2014 to stockholders of record at the close of business on September 5, 2014. 
 
The Company also announced that its Board of Directors has extended the Company's authorized stock repurchase program, so that it now expires on July 31, 2016.  Under the program, the Company may repurchase up to $10 million of the Company's outstanding common stock from time to time through solicited or unsolicited transactions in the open market or in negotiated or other transactions.  Prior to the extension, the program was scheduled to expire on July 31, 2014.  To date, the Company has not repurchased any shares under the program.
 
Destination Maternity Corporation is the world's largest designer and retailer of maternity apparel.  In the United States and Canada, as of June 30, 2014, Destination Maternity operates 1,901 retail locations, including 575 stores, predominantly under the tradenames Motherhood Maternity, A Pea in the Pod, and Destination Maternity, and 1,326 leased department locations, and sells on the web through its DestinationMaternity.com and brand-specific websites.  
 
Destination Maternity also distributes its Oh Baby by Motherhood collection through a licensed arrangement at Kohl's stores throughout the United States and on Kohls.com.  In addition, Destination Maternity has international store franchise and product supply relationships in the Middle East, South Korea and Mexico.  As of June 30, 2014, Destination Maternity has 77 international franchised locations, including 18 Destination Maternity branded stores and 59 shop- in-shop locations.
 

Destination Maternity

Must ReadView All

Textiles | On 26th Aug 2016

Maharashtra may see 10-15% drop in cotton output

Cotton production in India’s biggest cotton producing state...

Textiles | On 26th Aug 2016

Bangladesh & India to resolve jute export challenges

Indian and Bangladesh have undertaken to resolve various impediments...

Courtesy: Shopclues

Apparel/Garments | On 26th Aug 2016

Shopclues to extend loans of Rs 5,000 crore to merchants

Indian online retailer ShopClues will be extending soft loans through ...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Bani Batra

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
August 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search