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By Colin Kellaher
VF Corp. (VFC) Friday said its board raised the quarterly dividend by 11.6% to 48 cents from 43 cents.
The new payout, equal to $1.92 a year, represents an annual yield of about 2.11% based on Thursday's closing price of $90.82, up from about 1.89%.
The apparel maker said the increased dividend is payable Dec. 20 to shareholders of record Dec. 10.
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(END) Dow Jones Newswires
October 25, 2019 07:21 ET (11:21 GMT)
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