Williams-Sonoma (WSM) Raises Quarterly Dividend 6.1% to $0.35; 1.7% Yield
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Williams-Sonoma, Inc. increases quarterly dividend by $0.02, or 6%, to $0.35 per common share
March 18, 2015 4:11 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has authorized a 6% increase in the companys quarterly cash dividend.
The quarterly cash dividend will be increased from $0.33 to $0.35 per common share and is payable on May 28, 2015 to shareholders of record as of the close of business on April 24, 2015. The indicated annual cash dividend, subject to capital availability, is $1.40 per common share.
Laura Alber, President and Chief Executive Officer, remarked, Today, we are very pleased to announce that our Board has authorized a $0.02, or 6%, increase... More