J.Jill (JILL) Declares $1.15 Special Dividend
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J.Jill, Inc. Announces $1.15 Per Share Special Dividend
March 6, 2019 6:45 AM ESTQUINCY, Mass.--(BUSINESS WIRE)-- J.Jill, Inc. (NYSE: JILL) today announced that its Board of Directors has declared a special dividend of $1.15 per share, which will be paid on April 1, 2019, to shareholders of record at the close of business on March 19, 2019. The aggregate payment will be approximately $50.0 million and will be funded through available cash on hand.
Michael Rahamim, Chairman of the Board, stated, "Given our cash balance, we are pleased to be in a position to return value to our shareholders through the form of this special dividend. We believe... More
