Foot Locker (FL) Raises Quarterly Dividend 11.3% to $0.345; Announces $230M in 2018 Capex

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Go back to Foot Locker (FL) Raises Quarterly Dividend 11.3% to $0.345; Announces $230M in 2018 Capex

Foot Locker, Raises Dividend To $0.345 from $0.31

February 20, 2018 4:30 PM EST

NEW YORK, Feb. 20, 2018 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors authorized two capital allocation initiatives to both sustain meaningful investment in the business and reward long-term shareholders. First, its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.345 per share, which will be payable on May 4, 2018 to shareholders of record on April 20, 2018. The 11 percent increase in the... More