Big Lots (BIG) Tops Q4 EPS by 4c; Issues Solid Outlook
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Big Lots Reports Q4 EPS From Continuing Operations of $1.99, $2.26 on an Adjusted Basis, Above Previously Communicated Guidance
March 3, 2017 6:00 AM ESTCOLUMBUS, Ohio, March 3, 2017 /PRNewswire/ --Â Big Lots, Inc. (NYSE: BIG) today reported income from continuing operations of $90.1 million, or $1.99 per diluted share, for the fourth quarter of fiscal 2016 ended January 28, 2017. This result includes an after tax expense of $14.3 million, or $0.32 per diluted share, associated with legacy pension plans which have been terminated with final payouts occurring in the quarter. It also includes an after tax benefit of $2.4 million, or $0.05 per diluted share, associated with the gain on sale of real estate. Excluding these items, adjusted income from continuing operations totaled $102.0... More
Big Lots Announces 19% Increase In Quarterly Dividend On Common Stock
March 3, 2017 5:46 AM ESTCOLUMBUS, Ohio, March 3, 2017 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) announced today on February 28, 2017 our Board of Directors increased the Company's quarterly dividend payment rate by approximately 19%, declaring a quarterly cash dividend of $0.25 per common share for the first quarter of fiscal 2017.
The dividend will be paid on March 31, 2017, to shareholders of record as of the close of business on March 17, 2017.
"I'm 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 third... More
