Big Lots (BIG) Raises Quarterly Dividend 19% to $0.25; 1.9% Yield

Big Lots (NYSE: BIG) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 19% increase from the prior dividend of $0.21.

The dividend will be payable on March 31, 2017, to stockholders of record on March 17, 2017, with an ex-dividend date of March 15, 2017.

The annual yield on the dividend is 1.9 percent.

"I'm pleased with today's announcement of an increase in our quarterly dividend," stated David Campisi, Chief Executive Officer and President of Big Lots. "It is the third increase in our payment rate since establishing the dividend program in June 2014, and affirms the confidence the Board of Directors has in our management team, our strategy, and our long-term opportunities to drive meaningful profit growth and cash flow to return to our shareholders."

For a dividend history and other dividend-related data on Big Lots (BIG) click here.

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