R.G. Barry Corp. : R.G. Barry Corporation Increases Annual Dividend Policy By 14% and Declares Quarterly Cash Dividend
02/06/2012 | 08:05am
PICKERINGTON, Ohio, Feb. 6, 2012 /PRNewswire/ -- The Board of Directors of accessories marketer R.G. Barry Corporation (Nasdaq: DFZ) today announced that it has approved a 14.3% increase in the Company's quarterly cash dividend, from $0.07 per share to $0.08 per share ($0.32 per share on an annual basis), and subsequently declared a $0.08 per share cash dividend payable March 5, 2012 to common shareholders of record on February 20, 2012.
"We remain committed to sharing the Company's success with its shareholders, while continuing to support management's strategies for long-term growth through innovation, diversification and acquisition," said Chairman of the Board Gordon Zacks. "The Board believes that this increase, the second since our current dividend policy was implemented in 2009, allows the Company to achieve both goals."
The Company has approximately 11,136,000 shares outstanding.
About RG Barry
RG Barry creates and markets great accessories brands and fashionable, solution-oriented products that make life better. Our primary brands include: Dearfoams slippers (www.dearfoams.com); baggallini handbags, totes and travel accessories (www.baggallini.com); and Foot Petals premium insoles and comfort products (www.footpetals.com). To learn more, visit us at www.rgbarry.com.
SOURCE R.G. Barry Corporation
