Big Lots (BIG) Raises Quarterly Dividend 10.5% to $0.21; 2% Yield

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Go back to Big Lots (BIG) Raises Quarterly Dividend 10.5% to $0.21; 2% Yield

Big Lots Announces 11% Increase in Quarterly Dividend on Common Stock

March 4, 2016 5:45 AM EST

COLUMBUS, Ohio, March 4, 2016 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) announced today on March 1, 2016 our Board of Directors increased the Company's quarterly dividend payment rate by approximately 11%, declaring a quarterly cash dividend of $0.21 per common share for the first quarter of fiscal 2016.

The dividend will be paid on April 1, 2016, to shareholders of record as of the close of business on March 18, 2016.

"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 is the... More