Big Lots (BIG) Raises Quarterly Dividend 11.8% to $0.19; 1.6% Yield

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Big Lots Announces 12% Increase In Quarterly Dividend On Common Stock

March 6, 2015 5:45 AM EST

COLUMBUS, Ohio, March 6, 2015 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) announced today that, on March 4, 2015, our Board of Directors increased the Company's quarterly dividend payment rate by approximately 12%, declaring a quarterly cash dividend of $0.19 per common share for the first quarter of fiscal 2015.

The dividend will be paid on April 3, 2015, to shareholders of record as of the close of business on March 20, 2015.

"I'm very pleased with today's announcement of an increase in our quarterly dividend," stated David Campisi, Chief Executive Officer and President of Big Lots. "It's the... More