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 December 14, 2022. Shareholders on record as of November 29, 2022 will receive this payment. This move demonstrates the company's commitment to returning value to its shareholders amidst a challenging retail environment.

Positive

• Dividend of 19 cents per share indicates a commitment to shareholder returns.

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• None.

SEATTLE, Nov. 16, 2022 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today its board of directors approved a quarterly dividend of 19 cents per share payable on December 14, 2022, to shareholders of record at the close of business on November 29, 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 for Nordstrom (JWN) in December 2022?

The dividend amount is 19 cents per share.

When is the Nordstrom (JWN) dividend payable?

The dividend is payable on December 14, 2022.

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

The record date is November 29, 2022.

How often does Nordstrom (JWN) pay dividends?

Nordstrom typically pays dividends quarterly.

Is the Nordstrom (JWN) dividend sustainable?

The sustainability of the dividend depends on the company's financial performance and market conditions.