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Kohl's Corporation (KSS) will raise its quarterly dividend by 10.9 percent to $0.61 per share in the first quarter of 2018. The dividend yields 3.9% based on the new annual amount of $2.44 per share.

KSS has now increased its dividend every year since its initiation in 2011.

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 and through its website.