FRAMINGHAM, Mass.--(BUSINESS WIRE)--Mar. 6, 2012--
Inc. (Nasdaq: SPLS) announced today that its Board of Directors has
declared a quarterly cash dividend on Staples, Inc. common stock of
$0.11 per share, an increase of 10 percent over the previous quarterly
cash dividend of $0.10 per share. On an annualized basis, the quarterly
dividend is equal to $0.44 per share compared to $0.40 per share that
the Company paid in 2011. The dividend is payable on April 12, 2012, to
shareholders of record on March 23, 2012.
Staples is the world’s largest office products company and a trusted
source for office solutions. The company provides products, services and
expertise in office supplies, copy & print, technology, facilities and
breakroom, and furniture. Staples invented the office superstore concept
in 1986 and now has annual sales of $25 billion, ranking second in the
world in eCommerce sales. With 88,000 associates worldwide, Staples
operates in 26 countries throughout North and South America, Europe,
Asia and Australia, making it easy for businesses of all sizes and
consumers. The company is headquartered outside Boston. More information
about Staples (Nasdaq: SPLS) is available at www.staples.com/media.
Source: Staples, Inc.
Kirk Saville/Owen Davis,
Powers/Kevin Barry, 508-253-4632/1487