Children's Place (PLCE) Raises Quarterly Dividend 33.3% to $0.20; 1.1% Yield

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Go back to Children's Place (PLCE) Raises Quarterly Dividend 33.3% to $0.20; 1.1% Yield

The Children’s Place Announces a 33 1/3% Increase in Its Quarterly Dividend

March 15, 2016 7:01 AM EDT

SECAUCUS, N.J., March 15, 2016 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), the largest pure-play childrens specialty apparel retailer in North America, today announced that its Board of Directors has increased the Companys quarterly dividend to $0.20 per share from $0.15 per share.

Jane Elfers, President and Chief Executive Officer, commented, This increase in our quarterly dividend is a further reflection of our confidence in our ability to execute on our growth strategies and our continuing commitment to return excess capital to shareholders. The Childrens Place has... More