Barnes & Noble (BKS) Declares $0.15 Quarterly Dividend; 12.5% Yield

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Barnes & Noble Declares Quarterly Dividend

March 14, 2018 4:16 PM EDT

Issues Fiscal 2019 Outlook

NEW YORK--(BUSINESS WIRE)-- Barnes & Noble, Inc. (NYSE: BKS) today announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share, payable on April 27, 2018 to stockholders of record at the close of business on April 6, 2018.

In addition to the fiscal 2018 outlook provided on March 1, 2018, the Board of Directors today approved the Companys fiscal 2019 budget and expects fiscal 2019 consolidated EBITDA to be in a range of $175 million to $200 million. The Company expects fiscal 2019 EBITDA to grow through improved sales trends and expense... More