Dick’s Sporting raises annualized dividend to $4.00 per share

On March 6, the company’s Board of Directors authorized and declared a quarterly dividend in the amount of $1.00 per share on the company’s Common Stock and Class B Common Stock. The dividend is payable in cash on March 31 to stockholders of record at the close of business on March 17. This dividend represents an increase of 105% over the company’s previous quarterly per share amount and is equivalent to an annualized dividend of $4.00 per share.