J.C. Penney Co., Inc. (JCP) Declares $0.20 Quarterly Dividend; 2.9% Yield

September 19, 2011 6:25 AM EDT
J.C. Penney Co., Inc. (NYSE: JCP) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on November 1, 2011, to stockholders of record on October 10, 2011, with an ex-dividend date of October 6, 2011.

The annual yield on the dividend is 2.9 percent.

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