After only a week’s hiatus since its earnings release on February 29, Staples Inc. (NASDAQ:SPLS), the global leader in the supply of office products, announced a dividend hike.
Up Goes Dividend
The Farmington, Massachusetts-based company, Staples, raised its annual dividend by 10% to 44 cents (or 11 cents quarterly) from 40 cents a share (or 10 cents quarterly). The company announced that the increased dividend will be paid on April 12, 2012, to stockholders of record on March 23, 2012.
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