Childrens Place (PLCE) Declares $0.1325 Quarterly Dividend; 1.2% Yield

Childrens Place (NASDAQ: PLCE) declared a quarterly dividend of $0.1325 per share, or $0.53 annualized. The dividend will be payable on July 17, 2014, to stockholders of record on June 27, 2014, with an ex-dividend date of June 25, 2014. The annual yield on the dividend is 1.2 percent.

Jane Elfers, President and Chief Executive Officer, commented, "The continuation of the quarterly dividend instituted for the first time in the Company's history in March is a further reflection of our confidence in our ability to execute on our growth strategies and our continuing commitment to return excess capital to shareholders. The Children's Place has a profitable business model which generates strong cash flow. Over the past five years, we have returned over $430 million to shareholders through share repurchases."

For a dividend history and other dividend-related data on Childrens Place (PLCE) click here.

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