May Stores ups dividend

May Department Stores Co., St. Louis, approved an increase in the annual dividend rate to 94 cents per share from a prior level of 93 cents.

The higher dividend level will be first payable March 15 to shareholders of record as of March 1. The boost in the payout marks the 26th straight year of dividend increases and marks 90 years of uninterrupted cash dividends.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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