Office Depot (ODP) Declares $0.025 Quarterly Dividend; 2% Yield

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Office Depot Declares Quarterly Cash Dividend of $0.025 Per Share

May 9, 2017 6:50 AM EDT

BOCA RATON, Fla.--(BUSINESS WIRE)-- Office Depot, Inc. (NASDAQ: ODP) announced that its Board of Directors declared a dividend of $0.025 per share ($0.10 per share on an annualized basis) on the common stock of the Company. The dividend is payable on June 15, 2017, to shareholders of record at the close of business on May 25, 2017.

About Office Depot, Inc.

Office Depot, Inc. is a leading provider of products, services, and solutions for every workplace whether your workplace is an office, home, school or car.

The company had 2016 annual sales of approximately $11 billion, employed approximately... More