Best Buy announced today that the company had authorized a $5 billion stock repurchase program and will increase their quarterly dividend by 7 percent to $.16 per share.
J.C. Penney Company unveiled a strategic restructuring program today that will result in store closures and the shutting down their catalog business.
Kroger initiated their dividend program in 2006 and has increased their dividend every year since then.
Retailer American Eagle Outfitters is increasing their quarterly dividend by 10%.
Target announced today that the retailer is increasing its quarterly dividend by 47% to $.25 per share.
High-end retailer Coach seems to be getting serious about dividends.
Altria Group announced Thursday that its Board of Directors has approved a 6% increase in their quarterly dividend to $.34 per share.
Luxury retailer Coach has announced that they will begin paying a quarterly cash dividend of $.075 per share.