J. C. Penney (JCP) Declares $0.20 Quarterly Dividend; 2.2% Yield

March 25, 2011 7:00 AM EDT
J. C. Penney Company, Inc. (NYSE: JCP) has declared a quarterly dividend on the Company's common stock of $0.20 per share, $0.80 annualized.

The dividend is payable May 2, 2011, to Company stockholders of record at the close of business on April 8, 2011. The ex-dividend date is April 6, 2011.

Yield on the dividend is 2.2%.


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