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Share Name | Share Symbol | Market | Type |
---|---|---|---|
LandBridge Company LLC | NYSE:LB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-2.15 | -6.90% | 29.01 | 32.09 | 28.019 | 31.16 | 587,171 | 23:26:36 |
Limited Brands Inc. (LTD) said its board declared a one-time dividend of $1 a share, the latest shareholder-friendly move for the parent of Victoria's Secret and Bath & Body Works.
Many companies have been setting special dividends of late, as others have increased their regular payouts, among other efforts to return value to shareholders. Limited Brands' efforts to that end have included recent rounds of stock buybacks and an 33% annual dividend increase in January.
The company had an average 328.5 million shares outstanding in the quarter ended April 30, it said earlier this month.
The company's dominant positions in the intimate apparel and beauty and personal-care segments have helped it post surging same-store sales and improved margins. Earlier this month, it reported its fiscal first-quarter earnings rose 47%.
Shares closed Friday at $39.55 and were inactive in recent premarket trading.
-By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com
1 Year LandBridge Chart |
1 Month LandBridge Chart |
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