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Nordstrom BoD approves increased Qtly dividend

22 Feb '08

1 min read

Nordstrom Inc announced that its board of directors approved a quarterly dividend of $0.16 per share payable on March 14, 2008, to shareholders of record on February 29, 2008. The previous quarterly dividend amount was $0.135 per share.

Nordstrom Inc is one of the nation's leading fashion specialty retailers, with 157 stores located in 28 states.

Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 102 Full-line stores, 50 Nordstrom Racks, two Jeffrey boutiques, one free-standing shoe store, and two clearance stores.

Nordstrom Inc

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