The Board of Directors of Brown Shoe Company Inc declared a quarterly dividend of $0.07 cents per share, payable July 1, 2008 to shareholders of record on June 20, 2008.
This dividend will be the 342nd consecutive quarterly dividend paid by the company.
Brown Shoe is a $2.4 billion footwear company with global operations.
Brown Shoe's Retail division operates Famous Footwear, the approximately 1,100-store chain that sells brand name shoes for the family, approximately 300 specialty retail stores in the U.S., Canada, and China under the Naturalizer, Brown Shoe Closet, FX LaSalle, and Franco Sarto names, and Shoes.com, the Company's e-commerce subsidiary.
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