Amadeusz Juskowiak

Jacobson jcbs votes split increases payout

Jacobson Stores Inc said its board voted a threefortwo stock split payble March 30 record March 13

In other action Jacobsons directors approved an increase in its quarterly dividend to 11 cts on a post split basis payable April 14 record March 30

The new dividend rate represents a 32 pct increase over the 1212 cts paid quarterly on a presplit basis