Ralph Lauren Corporation (RL) will raise its quarterly dividend by 100 percent to $0.40 per share. The new dividend will be paid on July 13, 2012 to shareholders of record on June 29, 2012.
Ralph Lauren Corporation designs, manufactures and distributes premium lifestyle products, including apparel, accessories, home furnishings, and other licensed product categories. The company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, and Club Monaco. Founded in 1967 by Mr. Ralph Lauren, the company has paid a dividend every year since 2003.