Nordstrom (JWN) Declares $0.37 Quarterly Dividend; 2.4% Yield

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Nordstrom Board of Directors Authorizes $1.5 Billion Share Repurchase Program and Approves Quarterly Dividend

August 22, 2018 4:30 PM EDT

SEATTLE--(BUSINESS WIRE)-- Nordstrom, Inc. (NYSE: JWN) announced today that its board of directors has authorized a repurchase program of up to $1.5 billion of the Companys outstanding common stock, with no expiration date. This program will replace the Companys existing repurchase program, which has $327 million outstanding as of August 4, 2018 and will expire on August 31, 2018. The actual number and timing of share repurchases, if... More