Foot Locker (FL) will raise its quarterly dividend by 10.1 percent to $0.38 per share in the first quarter of 2019. The new dividend yield for FL is 2.5%.

The new dividend will be payable on May 3, 2019 to shareholders of record on April 18, 2019.  The new annualized rate of $1.52 per share (from $1.38 previously) yields 2.6% at a stock price of $60.

Foot Locker, Inc. is a retailer of shoes and apparel. Foot Locker, Inc. is a specialty athletic retailer that operates stores in North America, Europe, Australia, and New Zealand. Through its Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02 retail stores, as well as its direct-to-customer channels, including Eastbay.com, footlocker.com, and SIX02.com, the Company is a leading provider of athletic footwear and apparel. Foot Locker has paid a dividend every year (again) since 2003.