Nordstrom Board of Directors Approves Quarterly Dividend

Rhea-AI Summary

Nordstrom, Inc. (NYSE: JWN) announced a quarterly dividend of 19 cents per share, payable on March 29, 2023, to shareholders of record by the close of business on March 14, 2023. This decision reflects the company's ongoing commitment to returning value to its shareholders. Nordstrom emphasizes its customer-centric approach, aiming to enhance the shopping experience both in-store and online across its more than 350 locations and digital platforms. The company’s focus on service and digital integration positions it for sustained engagement and growth.

Positive

• Quarterly dividend of 19 cents enhances shareholder returns.
• Commitment to customer service and digital engagement supports future growth.

Negative

• None.

News Market Reaction – JWN

-2.46%

-2.46% News Effect

On the day this news was published, JWN declined 2.46%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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SEATTLE, Feb. 28, 2023 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today its board of directors approved a quarterly dividend of 19 cents per share payable on March 29, 2023, to shareholders of record at the close of business on March 14, 2023.

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:		Sara Penner
		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 announced by Nordstrom on February 28, 2023?

Nordstrom announced a dividend of 19 cents per share.

When is the dividend payable for Nordstrom shares?

The dividend is payable on March 29, 2023.

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

The record date for the dividend payment is March 14, 2023.

What is the stock symbol for Nordstrom?

The stock symbol for Nordstrom is JWN.