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Foot Locker Sending Shareholders $0.20-per-Share Dividend

Athletic wear retailer Foot Locker  (NYSE: FL  ) will pay a second-quarter dividend of $0.20 per share, the same rate it paid last quarter after it increased it 11% from $0.18 per share, the company announced yesterday.

The board of directors said the quarterly dividend is payable on Aug. 2 to the holders of record at the close of business on July 19. Foot Locker has paid a dividend since at least 2003 and has increased its annual payout for each of the last three years.

The regular dividend payment equates to a $0.80-per-share annual dividend yielding 2.2% based on the closing price of Foot Locker's stock on May 15.

FL Dividend Chart

FL Dividend data by YCharts.

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Rich Duprey
TMFCop

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.

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Related Tickers

7/2/2015 4:01 PM
FL $67.51 Down -0.46 -0.68%
Foot Locker, Inc CAPS Rating: ****

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