Big Lots Announces Quarterly Dividend On Common Stock
On December 2, 2020, Big Lots, Inc. (NYSE: BIG) declared a quarterly cash dividend of $0.30 per common share for Q4 of fiscal 2020. The dividend is set for payment on December 30, 2020, to shareholders on record as of December 16, 2020. Headquartered in Columbus, Ohio, Big Lots operates 1,411 stores across 47 states and offers a comprehensive ecommerce platform. The company's mission focuses on providing value through home essentials and supporting shareholders with consistent growth.
- Declared a quarterly cash dividend of $0.30 per share.
- The dividend payment reinforces shareholder value.
- Forward-looking statements highlight risks related to the COVID-19 pandemic and economic pressures.
- Potential challenges in executing strategic initiatives may impact future performance.
COLUMBUS, Ohio, Dec. 4, 2020 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced that on December 2, 2020 the Board of Directors declared a quarterly cash dividend of
The dividend will be paid on December 30, 2020, to shareholders of record as of the close of business on December 16, 2020.
About Big Lots, Inc.
Headquartered in Columbus, Ohio, Big Lots, Inc. (NYSE: BIG) is a neighborhood discount retailer operating 1,411 stores in 47 states, as well as a best-in-class ecommerce platform with expanded capabilities via BOPIS, curbside pickup, Instacart and PICKUP with same day delivery. The company's product assortment is focused on home essentials: Furniture, Seasonal, Soft Home, Food, Consumables, Hard Home, and Electronics, Toys & Accessories. Big Lots' mission is to help people Live BIG and Save Lots. The company strives to be the BIG difference for a better life by delivering unmatched value to customers through surprise and delight, being a "best place to work" culture for associates, rewarding shareholders with consistent growth and top-tier returns, as well as doing good in local communities. For more information about the company, visit www.biglots.com.
Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and such statements are intended to qualify for the protection of the safe harbor provided by the Act. The words "anticipate," "estimate," "approximate," "expect," "objective," "goal," "project," "intend," "plan," "believe," "will," "should," "may," "target," "forecast," "guidance," "outlook" and similar expressions generally identify forward-looking statements. Similarly, descriptions of objectives, strategies, plans, goals or targets are also forward-looking statements. Forward-looking statements relate to the expectations of management as to future occurrences and trends, including statements expressing optimism or pessimism about future operating results or events and projected sales, earnings, capital expenditures and business strategy. Forward-looking statements are based upon a number of assumptions concerning future conditions that may ultimately prove to be inaccurate. Forward-looking statements are and will be based upon management's then-current views and assumptions regarding future events and operating performance and are applicable only as of the dates of such statements. Although the company believes the expectations expressed in forward-looking statements are based on reasonable assumptions within the bounds of knowledge, forward-looking statements, by their nature, involve risks, uncertainties and other factors, any one or a combination of which could materially affect business, financial condition, results of operations or liquidity.
Forward-looking statements that the company makes herein and in other reports and releases are not guarantees of future performance and actual results may differ materially from those discussed in such forward-looking statements as a result of various factors, including, but not limited to, developments related to the COVID-19 coronavirus pandemic, current economic and credit conditions, the cost of goods, the inability to successfully execute strategic initiatives, competitive pressures, economic pressures on customers and the company, the availability of brand name closeout merchandise, trade restrictions, freight costs, the risks discussed in the Risk Factors section of the company's most recent Annual Report on Form 10-K, and other factors discussed from time to time in other filings with the SEC, including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. This release should be read in conjunction with such filings, and you should consider all of these risks, uncertainties and other factors carefully in evaluating forward-looking statements.
You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. The company undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures the company makes on related subjects in public announcements and SEC filings.
View original content to download multimedia:http://www.prnewswire.com/news-releases/big-lots-announces-quarterly-dividend-on-common-stock-301186258.html
SOURCE Big Lots, Inc.
FAQ
What is the dividend amount declared by Big Lots for Q4 2020?
When will Big Lots pay the declared dividend?
What is the record date for Big Lots' dividend payment?
What risks are associated with Big Lots according to their recent press release?
