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.
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