Nordstrom Board of Directors Approves Quarterly Dividend

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Nordstrom (NYSE: JWN) has announced that its board of directors has approved a quarterly dividend of 19 cents per share. The dividend will be payable on December 18, 2024, to shareholders who are on record at the close of business on December 3, 2024.

Positive

Maintains quarterly dividend payment of $0.19 per share, demonstrating financial stability
Continues commitment to shareholder returns through dividend distribution

Negative

None.

News Market Reaction

+0.54%

1 alert

+0.54% News Effect

On the day this news was published, JWN gained 0.54%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

11/20/2024 - 04:05 PM

SEATTLE, Nov. 20, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today the approval by its board of directors of a quarterly dividend of 19 cents per share payable on December 18, 2024, to shareholders of record at the close of business on December 3, 2024.

ABOUT NORDSTROM

At Nordstrom, Inc. (NYSE: JWN), we exist to help our customers feel good and look their best. Since starting as a shoe store in 1901, how to best serve customers has been at the center of every decision we make. This heritage of service is the foundation we're building on as we provide convenience and true connection for our customers. Our interconnected model enables us to serve customers when, where and how they want to shop – whether that's in-store at more than 350 Nordstrom, Nordstrom Local and Nordstrom Rack locations or digitally through our Nordstrom and Rack apps and websites. Through it all, we remain committed to leaving the world better than we found it.