Stein Mart (SMRT) Declares Special Div; March Comps Down 7.3%

Stein Mart, Inc. (Nasdaq: SMRT) said its Board has declared a special cash dividend of $1.50 per share to shareholders of the Company's common stock. The special dividend is payable on April 28, 2006 to stockholders of record on April 17, 2006.

Stein Mart also reported that March comp stores sales fell 7.3%.

You May Also Be Interested In

• Bank7 Corp. (BSVN) Raises Quarterly Dividend 11.1% to $0.30; 2.3% Yield
• Parker-Hannifin (PH) Declares $2.00 Quarterly Dividend; 0.8% Yield
• FedEx (FDX) Declares $1.22 Quarterly Dividend; 1.5% Yield