L Brands (LB) will raise its quarterly dividend by 20.0 percent to $2.60 per share. The owner of Victoria's Secret will also pay a $2.00 per share special dividend to shareholders. Both dividends will be paid to shareholders on March 4, 2016.

L Brands, through Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, is an international company.  The company operates 3,109 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.