Brown Shoe Company (BWS) Approves $0.07 Per Share Quarterly Dividend

December 3, 2008 12:19 PM EST

The Board of Directors of Brown Shoe Company, Inc. (NYSE: BWS) declared a quarterly dividend of $0.07 cents per share, payable January 2, 2009 to shareholders of record on December 19, 2008.

This dividend will be the 344th consecutive quarterly dividend paid by the company.

Brown Shoe is a $2.3 billion footwear company with global operations. Brown Shoe's Retail division operates Famous Footwear, the over 1,100-store chain that sells brand name shoes for the family, over 300 specialty retail stores in the U.S., Canada, and China under the Naturalizer, Brown Shoe Closet, FX LaSalle, Franco Sarto and Via Spiga names, and Shoes.com, the Company's e-commerce subsidiary. [SM]


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