Williams-Sonoma (WSM) Raises Quarterly Dividend 10.3% to $0.43; Approves $500M Buyback

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Williams-Sonoma, Inc. announces a 10% dividend increaseand a stock repurchase authorization increase to $500 million

March 14, 2018 4:16 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has authorized a 10% increase in the companys quarterly cash dividend to $0.43 per share. The quarterly dividend is payable on May 25, 2018, to stockholders of record as of the close of business on April 27, 2018. Additionally, the Board of Directors increased the amount available for repurchases under its existing stock repurchase program to $500 million.

Laura Alber, President and Chief Executive Officer, commented, We value the continued support that our shareholders have shown to our company. Thanks to the hard work of... More