Nordstrom Board of Directors Approves Quarterly Dividend

Rhea-AI Summary

Nordstrom, Inc. (NYSE: JWN) has declared a quarterly dividend of 19 cents per share, scheduled for payment on June 15, 2022. Shareholders of record as of May 31, 2022 will be eligible. This decision reflects the company’s commitment to returning value to its shareholders while maintaining a focus on customer service and digital engagement.

Positive

• Quarterly dividend of 19 cents per share reflects commitment to shareholder returns.

Negative

• None.

SEATTLE, May 18, 2022 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today its board of directors approved a quarterly dividend of 19 cents per share payable on June 15, 2022, to shareholders of record at the close of business on May 31, 2022.

ABOUT NORDSTROM

At Nordstrom, Inc. (NYSE: JWN), we exist to help our customers feel good and look their best. Since starting as a shoe store in 1901, how to best serve customers has been at the center of every decision we make. This heritage of service is the foundation we're building on as we provide convenience and true connection for our customers. Our digital-first platform enables us to serve customers when, where and how they want to shop – whether that's in-store at more than 350 Nordstrom, Nordstrom Local and Nordstrom Rack locations or digitally through our Nordstrom and Rack apps and websites. Through it all, we remain committed to leaving the world better than we found it. 

INVESTOR CONTACT:		Heather Hollander
		Nordstrom, Inc.
		InvRelations@Nordstrom.com
MEDIA CONTACT:		Stephanie Corzett
		Nordstrom, Inc.
		NordstromPR@Nordstrom.com

 

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SOURCE Nordstrom, Inc.

FAQ

What is the dividend amount declared by Nordstrom for June 2022?

Nordstrom declared a quarterly dividend of 19 cents per share for June 2022.

When will the dividend be paid to shareholders of Nordstrom?

The dividend will be paid on June 15, 2022.

What is the record date for Nordstrom's dividend payment?

The record date for Nordstrom's dividend payment is May 31, 2022.

How often does Nordstrom pay dividends?

Nordstrom typically pays dividends on a quarterly basis.

Is the dividend from Nordstrom sustainable?

The sustainability of Nordstrom's dividend will depend on its ongoing financial performance and cash flow.