Kohl's Corporation (KSS) will raise its quarterly dividend by 15.4 percent to $0.45 per share in 2015. Last year Kohl's hiked its dividend by 11.4 percent.

Kohl's Corporation is an omnichannel retailer. The company sells private label, exclusive and national brand apparel, footwear, accessories, beauty and home products in its department stores, FILA outlets, Off-Aisle clearance centers and through its website. Kohl's sells moderately-priced proprietary and national brand apparel, footwear, accessories, beauty and home products. The company's merchandise mix includes both national brands and proprietary brands that are available only at Kohl's. Its proprietary portfolio includes well-known established private brands such as Apt. 9, Croft & Barrow, Jumping Beans, SO and Sonoma Goods for Life and exclusive brands that are developed and marketed through agreements with nationally-recognized brands such as Food Network, LC Lauren Conrad, Elle and Simply Vera Vera Wang. National brands generally have higher selling prices, but lower gross margins, than proprietary brands. Kohl’s Corporation was organized in 1988 and is a Wisconsin corporation.