Office Depot (NASDAQ: ODP) has initiated a quarterly dividend at $0.025 per share, or $0.10 annualized.

The dividend will be payable on September 15, 2016, to stockholders of record on August 25, 2016, with an ex-dividend date of August 23, 2016.

The annual yield on the dividend is 3 percent.

For a dividend history and other dividend-related data on Office Depot (ODP) click here.