L Brands (LB) will raise its quarterly dividend by 13.3 percent to 34 cents per share and will also pay a special cash dividend of $1.00 per share. Both dividends will be paid on March 7, 2014 to shareholders of record on February 21, 2014.

L Brands, through Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, is an international company.  The company operates company-owned specialty stores in the United States, Canada, the United Kingdom and Greater China, and its brands are sold in more than 800 additional franchised locations worldwide. L Brands has paid a dividend every year to shareholders since 1974.