Destination Maternity Corporation, the world’s leading maternity apparel retailer, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share. The cash dividend will be payable March 27, 2015 to stockholders of record at the close of business on March 6, 2015.
As previously announced, the Company has adopted a change in its fiscal year to a 52/53 week retail calendar beginning February 1, 2015 with the fiscal year ending on the Saturday closest to January 31st in each succeeding year. Due to the change in the Company’s fiscal year, any future quarterly cash dividends would be payable on the third Thursday of the last retail month of each quarter to stockholders of record at the close of business on the first Thursday of the last retail month of each quarter.
No comments:
Post a Comment