By Dean Seal
The board of Dick's Sporting Goods has raised the company's quarterly dividend by 10% to $1.2125.
The largest U.S. chain of sporting-goods stores said the new dividend will be payable on April 11 to shareholders of record as of March 28.
On an annualized basis, the new payout is $4.85 a share and represents a yield of about 2.3% based on Monday's closing price of $211.02.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
March 11, 2025 07:50 ET (11:50 GMT)
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