What is the dividend rate on Brown Shoe shares?
Brown Shoe’s quarterly dividends have been at the rate of $0.08 per share for an annual rate of $0.32. Effective April 2, 2007, the company has split its stock 3-for-2 and increased its quarterly cash dividend by 31%. On a post-split basis, the quarterly dividend rate will be $0.07 per share or an annual rate of $0.28 per share. While the company has paid a dividend for more than 300 consecutive quarters, shareholders are advised that there is no assurance that the Board of Directors will continue to believe that the payment of dividends is in the best interest of the company and our shareholders. Dividends are typically paid on January 2, April 1, July 1 and October 1.
Brown Shoe’s quarterly dividends have been at the rate of $0.07 per share or an annual rate of $0.28 per share. While the company has paid a dividend for more than 300 consecutive quarters, shareholders are advised that there is no assurance that the Board of Directors will continue to believe that the payment of dividends is in the best interest of the company and our shareholders. Dividends are typically paid on January 2, April 1, July 1 and October 1.
