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Provider: Thomson Reuters Stock Report
Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

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GAP Inc Announces Second Dividend Increase In Fiscal 2013

Thursday, 22 Aug 2013 04:00pm EDT 

GAP Inc announced that Board of Directors intends to increase the Company`s annual dividend per share from $0.60 to $0.80 beginning in the third quarter of 2013. This represents a 60 % increase over the fiscal 2012 dividend per share of $0.50. The announcement underscores the Company`s commitment to distributing excess cash to shareholders. The Company also announced that its Board of Directors has authorized the third quarter dividend of $0.20 per share, payable on or after October 30, 2013 to shareholders of record at the close of business on October 16, 2013. 

Company Quote

0.05 +0.13%
22 Jul 2014