Staples Hikes Dividend

Staples Inc. (NASDAQ:SPLS), the global leader for the supply of office products, recently boosted its quarterly dividend by 9%. The Board has approved an increase in annual dividend to 36 cents (or 9 cents quarterly) from 33 cents a share (or 8.25 cents quarterly).
 
Framingham, Massachusetts-based, Staples, said that the higher dividend will be paid on April 15, 2010, to shareholders of record as on March 26, 2010. Staples’ strong liquidity provides financial flexibility to drive future … [visit site to read more]


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