Nordstrom Inc announced that its board of directors approved a quarterly dividend of $0.16 per share payable on June 16, 2008, to shareholders of record on May 30, 2008.
Nordstrom Inc is one of the nation's leading fashion specialty retailers, with 159 U.S. stores located in 28 states.
Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 105 full-line stores, 50 Nordstrom Racks, two Jeffrey boutiques, and two clearance stores.
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