Children's Place (PLCE) Raises Quarterly Dividend 12% to $0.56; 2.6% Yield
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The Children’s Place Expands Capital Return Program, Announces a 12% Increase in Its Quarterly Dividend
March 21, 2019 5:00 PM EDTSECAUCUS, N.J., March 21, 2019 (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 at an increased rate of $0.56 per share from $0.50 per share, a 12% increase.
Jane Elfers, President and Chief Executive Officer, commented, This is the fifth consecutive year that we have increased our quarterly dividend, which is a further reflection of our confidence in our ability to execute on our strategic initiatives and our continuing... More
