Children's Place (PLCE) Declares $0.56 Quarterly Dividend; 3.2% Yield

Go back to Children's Place (PLCE) Declares $0.56 Quarterly Dividend; 3.2% Yield

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

December 11, 2019 7:02 AM EST

SECAUCUS, N.J., Dec. 11, 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.

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... More