Children's Place (PLCE) Declares $0.50 Quarterly Dividend; 1.5% Yield

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Go back to Children's Place (PLCE) Declares $0.50 Quarterly Dividend; 1.5% Yield

The Children’s Place Continues Capital Return Program, Declares Quarterly Dividend

August 23, 2018 7:02 AM EDT

SECAUCUS, N.J., Aug. 23, 2018 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), the largest pure-play childrens specialty apparel retailer in North America, today announced that its Board of Directors has declared a quarterly dividend.

Jane Elfers, President and Chief Executive Officer, commented, The continuation of our quarterly dividend is a further reflection of our confidence in our ability to execute on our strategic initiatives and our continuing commitment to return excess capital to shareholders. The Childrens Place has a profitable business model, which generates strong cash flow. Since 2009, we have... More