March 16, 2010 at 17:59 PM EDT
Special Payout Sends Limited Shares Higher
Limited Brands (LTD) already pays a 2.5% dividend yield, but for current shareholders, there's more cash coming. On Tuesday, the owner of chains such as Victoria's Secret and Bath & Body Works said it would pay a special $1-a-share dividend on April 19 to shareholders of record as of April 5. Shares rose to a 52-week high on the news. Investors were also encouraged because the Columbus, Ohio, company said it would launch a $200 million
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here