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Nordstrom Board of Directors Approves Quarterly Dividend

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Rhea-AI Summary

Nordstrom, a leading fashion retailer, announced that its board of directors has approved a quarterly dividend of 19 cents per share.

This dividend will be payable on June 19, 2024, to shareholders who are recorded as of the close of business on June 4, 2024.

This announcement highlights Nordstrom's ongoing commitment to returning value to its shareholders.

Positive
  • Approval of quarterly dividend demonstrates financial stability and commitment to shareholder returns.
  • Dividend of 19 cents per share is scheduled to be paid on June 19, 2024.
  • Shareholders of record by June 4, 2024, will receive the dividend.
Negative
  • The dividend yield may be considered modest compared to other investment opportunities.

SEATTLE, May 22, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today its board of directors approved a quarterly dividend of 19 cents per share payable on June 19, 2024, to shareholders of record at the close of business on June 4, 2024.

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 interconnected model 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:

James Duies


Nordstrom, Inc.


InvRelations@Nordstrom.com

MEDIA CONTACT:

Stephanie Corzett


Nordstrom, Inc.


NordstromPR@Nordstrom.com

 

Nordstrom Incorporated logo. (PRNewsFoto) (PRNewsfoto/Nordstrom, Inc.)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nordstrom-board-of-directors-approves-quarterly-dividend-302153256.html

SOURCE Nordstrom, Inc.

FAQ

What is the latest quarterly dividend announced by Nordstrom (JWN)?

Nordstrom announced a quarterly dividend of 19 cents per share.

When will the Nordstrom (JWN) dividend be paid?

The dividend will be paid on June 19, 2024.

What is the record date for the Nordstrom (JWN) dividend?

Shareholders of record at the close of business on June 4, 2024, will be eligible for the dividend.

How does the Nordstrom (JWN) dividend affect shareholders?

The dividend reflects Nordstrom's commitment to returning value to shareholders.

Nordstrom, Inc.

NYSE:JWN

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Department Stores
Retail-family Clothing Stores
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United States of America
SEATTLE