PITTSBURGH, Feb. 27, 2019 /PRNewswire/ -- The Board of
Directors of DICK'S Sporting Goods, Inc. (NYSE: DKS) authorized and
declared a quarterly dividend of $0.275 per share on the Company's Common Stock
and Class B Common Stock. The dividend is payable in cash on
March 29, 2019, to stockholders of
record at the close of business on March 15,
2019. This dividend represents an increase of approximately
22 percent over the Company's previous quarterly per share amount
and is equivalent to an annualized rate of $1.10 per share. The Company intends to announce
future quarterly dividends in conjunction with its quarterly and
year-end earnings releases.
About DICK'S Sporting Goods, Inc.
Founded in 1948, DICK'S Sporting Goods, Inc. is a leading
omni-channel sporting goods retailer offering an extensive
assortment of authentic, high-quality sports equipment, apparel,
footwear and accessories. As of February 2,
2019, the Company operated 729 DICK'S Sporting Goods
locations across the United
States, serving and inspiring athletes and outdoor
enthusiasts to achieve their personal best through a blend of
dedicated associates, in-store services and unique specialty
shop-in-shops dedicated to Team Sports, Athletic Apparel, Golf,
Lodge/Outdoor, Fitness and Footwear.
Headquartered in Pittsburgh,
PA, DICK'S also owns and operates Golf Galaxy and Field
& Stream specialty stores, as well as DICK'S Team Sports
HQ, an all-in-one youth sports digital platform offering a
comprehensive range of services including technology solutions such
as online registration and league management services, and
mobile apps for scheduling, communications and live scorekeeping;
team gear such as uniforms and equipment, fan wear, and access to
donations and sponsorships. DICK'S offers its products through
a content-rich eCommerce platform that is integrated with its store
network and provides customers with the convenience and expertise
of a 24-hour storefront. For more information, visit the
Investor Relations page at dicks.com.
Contacts:
Investor Relations:
Nate Gilch, Director of Investor
Relations
(724) 273-3400 or investors@dcsg.com
Media Relations:
(724) 273-5552 or press@dcsg.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/dicks-sporting-goods-announces-22-percent-increase-in-quarterly-dividend-300802715.html
SOURCE DICK'S Sporting Goods, Inc.