Nordstrom Board Announces Increase of Quarterly Dividend and Resignation of Board Member
18 Novembre 2003 - 11:20PM
PR Newswire (US)
Nordstrom Board Announces Increase of Quarterly Dividend and
Resignation of Board Member SEATTLE, Nov. 18 /PRNewswire-FirstCall/
-- Nordstrom, Inc.'s board of directors announced today that it has
approved a quarterly dividend of $0.11 per share, an increase of
$0.01 per share from prior quarters, payable on December 15, 2003,
to shareholders of record on November 28, 2003. (Logo:
http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO ) The board
also announced the resignation of Stephanie Shern as a director of
the company. Shern joined the board in 2002 and served on the
company's Audit and Finance Committees. Shern shared with the board
that her decision was based on personal reasons. Lead independent
director, Rick Hernandez said, "The board has benefited from
Stephanie's experience, insight and perspective and we are
disappointed by her departure. We thank her for her service and
wish her the very best in her future endeavors." Nordstrom, Inc. is
one of the nation's leading fashion specialty retailers, with 148
US stores located in 27 states. Founded in 1901 as a shoe store in
Seattle, today Nordstrom operates 92 full-line stores, 49 Nordstrom
Racks, five Faconnable boutiques, one free-standing shoe store, and
one clearance store. Nordstrom also operates 31 international
Faconnable boutiques, primarily in Europe. Additionally, Nordstrom
serves customers through its online presence at
http://www.nordstrom.com/ and through its direct mail catalogs.
Nordstrom, Inc. is publicly traded on the NYSE under the symbol
JWN. Investor Contact: Stephanie Allen, 206-303-3262 Media Contact:
Shasha Richardson, 206-373-3038
http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO
http://photoarchive.ap.org/ DATASOURCE: Nordstrom, Inc. CONTACT:
Investors, Stephanie Allen, +1-206-303-3262, or media, Shasha
Richardson, +1-206-373-3038, both of Nordstrom, Inc. Web site:
http://www.nordstrom.com/
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