The board of directors of Federated Department Stores Inc declared a regular quarterly dividend of 12.75 cents per share on Federated common stock, payable April 2, 2007, to shareholders of record at the close of business on March 15, 2007.
Federated, with corporate offices in Cincinnati and New York, is one of the nation's premier retailers, with fiscal 2006 sales of $27 billion.
Federated operates more than 850 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy's and Bloomingdale's.