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Online apparel Co Blair to pay special dividend
09 Nov '05
1 min read
Online women's and men's apparel mail order Company Blair Corporation announced that the Board of Directors has declared a special cash dividend of 15 cents per share. The dividend will be payable on December 15, 2005, to stockholders of record as of November 21, 2005.
The timing of the record date and payment of this special dividend coincides with the previously declared regular fourth quarter dividend, bringing the total dividend payable to stockholders to 30 cents per share. Stockholders will receive two separate dividend payments of 15 cents per share each on December 15, 2005.
"They are pleased to provide this special cash dividend to their loyal stockholders and remain grateful for their continued support," said John Zawacki, Blair President and CEO.
It is the Company's present intention to increase its regular quarterly cash dividend to 30 cents per share.
Pennsylvania based Blair is a multi-channel direct marketer of women's and men's apparel and home Online and mail order sales of womenswear, menswear, and home products. Blair Corporation employs over 2,000 people and operates facilities and retail outlets in Northwestern Pennsylvania as well as a catalog outlet in Wilmington, Delaware. The Company, which has annual sales of approximately $500 million.
The timing of the record date and payment of this special dividend coincides with the previously declared regular fourth quarter dividend, bringing the total dividend payable to stockholders to 30 cents per share. Stockholders will receive two separate dividend payments of 15 cents per share each on December 15, 2005.
"They are pleased to provide this special cash dividend to their loyal stockholders and remain grateful for their continued support," said John Zawacki, Blair President and CEO.
It is the Company's present intention to increase its regular quarterly cash dividend to 30 cents per share.
Pennsylvania based Blair is a multi-channel direct marketer of women's and men's apparel and home Online and mail order sales of womenswear, menswear, and home products. Blair Corporation employs over 2,000 people and operates facilities and retail outlets in Northwestern Pennsylvania as well as a catalog outlet in Wilmington, Delaware. The Company, which has annual sales of approximately $500 million.
Blair Corporation
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